8, CLARENCE TERRACE, WILLINGTON, CROOK, DL15 0HS - £58,000

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.

8 CLARENCE TERRACE is a very small extended terraced house of 70m², built sometime between 1900 and 1929, which could now be worth an estimated £78,522. It was last sold for £58,000 in July 2018, which was around 29% below the average July 2018 terraced price in the County Durham local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

8 CLARENCE TERRACE Sold Prices

Land registry data shows two sales for 8 CLARENCE TERRACE 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 8 CLARENCE TERRACE sales were for below 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 26 JUL	£58,000	£81,703	29% below HPI
2001 31 JAN	£26,500	£33,720	21% below HPI

8 CLARENCE TERRACE 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 8 CLARENCE TERRACE sales from January 2001 and July 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 January 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 8 CLARENCE TERRACE be worth now?

8 CLARENCE TERRACE might now be worth an estimated £78,522.

This is based on house price inflation of 35.4%, between July 2018 and June 2025, 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 35.4% inflationary increase is applied to the most recent sale price for 8 CLARENCE TERRACE of £58,000 on 26th July 2018. For the value to have increased from £58,000 to £78,522 over the seven years and one month to June 2025, the following assumptions must hold true:

• The value of 8 CLARENCE TERRACE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The July 2018 sale price of £58,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CLARENCE TERRACE has not materially changed since July 2018.

How Large is 8 CLARENCE TERRACE?

8 CLARENCE TERRACE is 70m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of terraced houses houses in Willington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Willington, and where 8 CLARENCE TERRACE lies on this distribution: 1% of terraced houses houses are smaller than 8 CLARENCE TERRACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Willington.

8 CLARENCE TERRACE: Plot and Title Map

8 CLARENCE TERRACE sits on a plot of roughly 0.024 of an acre, or 96m². The below map shows the location of 8 CLARENCE TERRACE, 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 8 CLARENCE TERRACE). 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 8 CLARENCE TERRACE?

8 CLARENCE TERRACE is located in WILLINGTON, in the DL15 postcode district. The below map shows the position of No. 8 on CLARENCE TERRACE.