7, BISHOPS GATE, DURHAM, DH1 4JU - £765,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 BISHOPS GATE is a very large detached house of 372m², built in 2013, which could now be worth an estimated £1,144,932. It was last sold for £765,000 in January 2014, which was around 381% above the average January 2014 detached price in the County Durham local authority area. The most recent EPC inspection was August 2013, where the current energy rating was B, and the potential energy rating was B.

7 BISHOPS GATE Sold Prices

Land registry data shows three sales for 7 BISHOPS GATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 7 BISHOPS GATE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 31 JAN	£765,000	£159,092	381% above HPI
2011 23 DEC	£285,000	£169,702	68% above HPI
2006 23 NOV	£295,000	£187,575	57% above HPI

7 BISHOPS GATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 7 BISHOPS GATE sales between November 2006 and January 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2011 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the January 2014 sale, where it rises to 381% above the HPI. The line then continues to track at 381% above the HPI.

What might 7 BISHOPS GATE be worth now?

7 BISHOPS GATE might now be worth an estimated £1,144,932.

This is based on house price inflation of 49.7%, between January 2014 and April 2026, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.7% inflationary increase is applied to the most recent sale price for 7 BISHOPS GATE of £765,000 on 31st January 2014. For the value to have increased from £765,000 to £1,144,932 over the eleven years and nine months to April 2026, the following assumptions must hold true:

• The value of 7 BISHOPS GATE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The January 2014 sale price of £765,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BISHOPS GATE has not materially changed since January 2014.

How Large is 7 BISHOPS GATE?

7 BISHOPS GATE is 372m² according to the EPC inspection conducted in August 2013. This puts it in the largest 10% of detached houses houses in Durham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Durham, and where 7 BISHOPS GATE lies on this distribution: 99% of detached houses houses are smaller than 7 BISHOPS GATE, and 1% of houses are larger. Note that EPC data is not available for all properties in Durham.

7 BISHOPS GATE: Plot and Title Map

7 BISHOPS GATE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 7 BISHOPS GATE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 BISHOPS GATE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 BISHOPS GATE?

7 BISHOPS GATE is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 7 on BISHOPS GATE.