7, ROWAN DRIVE, BRASSIDE, DURHAM, DH1 5YE - £101,000

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 ROWAN DRIVE is a very small terraced house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £143,992. It was last sold for £101,000 in June 2018, which was around 27% above the average June 2018 terraced price in the County Durham local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was C.

7 ROWAN DRIVE Sold Prices

Land registry data shows three sales for 7 ROWAN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the three 7 ROWAN 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
2018 19 JUN	£101,000	£79,640	27% above HPI
2017 15 DEC	£100,000	£81,091	23% above HPI
2001 26 FEB	£40,000	£33,499	19% above HPI

7 ROWAN 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 three 7 ROWAN DRIVE sales between February 2001 and June 2018 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 2017 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2018 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 7 ROWAN DRIVE be worth now?

7 ROWAN DRIVE might now be worth an estimated £143,992.

This is based on house price inflation of 42.6%, between June 2018 and May 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 42.6% inflationary increase is applied to the most recent sale price for 7 ROWAN DRIVE of £101,000 on 19th June 2018. For the value to have increased from £101,000 to £143,992 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 7 ROWAN DRIVE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The June 2018 sale price of £101,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ROWAN DRIVE has not materially changed since June 2018.

How Large is 7 ROWAN DRIVE?

7 ROWAN DRIVE is 75m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% 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 ROWAN DRIVE lies on this distribution: 5% of terraced houses houses are smaller than 7 ROWAN DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Durham.

7 ROWAN DRIVE: Plot and Title Map

7 ROWAN DRIVE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 7 ROWAN 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 ROWAN 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 ROWAN DRIVE?

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