7, CEDAR DRIVE, DURHAM, DH1 3TF - £346,000

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 CEDAR DRIVE is a large extended terraced house of 162m², built sometime between 1930 and 1949, which could now be worth an estimated £432,941. It was last sold for £346,000 in March 2021, which was around 278% above the average March 2021 terraced price in the County Durham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.

7 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 7 CEDAR DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Both of the two 7 CEDAR DRIVE 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
2021 29 MAR	£346,000	£91,561	278% above HPI
2018 23 MAR	£295,000	£77,002	283% above HPI

7 CEDAR DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The two 7 CEDAR DRIVE sales from March 2018 and March 2021 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 March 2018 sale was for 283% above the HPI. So the extrapolation line tracks at 283% above the HPI over time, until the March 2021 sale, where it falls to 278% above the HPI. The line then continues to track at 278% above the HPI.

What might 7 CEDAR DRIVE be worth now?

7 CEDAR DRIVE might now be worth an estimated £432,941.

This is based on house price inflation of 25.1%, between March 2021 and April 2026, for terraced 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 25.1% inflationary increase is applied to the most recent sale price for 7 CEDAR DRIVE of £346,000 on 29th March 2021. For the value to have increased from £346,000 to £432,941 over the four years and eleven months to April 2026, the following assumptions must hold true:

• The value of 7 CEDAR DRIVE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The March 2021 sale price of £346,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CEDAR DRIVE has not materially changed since March 2021.

How Large is 7 CEDAR DRIVE?

7 CEDAR DRIVE is 162m², which includes three extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 30% of terraced houses houses in Durham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Durham, and where 7 CEDAR DRIVE lies on this distribution: 72% of terraced houses houses are smaller than 7 CEDAR DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Durham.

7 CEDAR DRIVE: Plot and Title Map

7 CEDAR DRIVE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 7 CEDAR DRIVE, 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 CEDAR DRIVE). 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 CEDAR DRIVE?

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