GOLDRILL, FARNLEY HEY ROAD, DURHAM, DH1 4EA - £580,000

GOLDRILL is a very large extended detached house of 187m², built sometime between 1967 and 1975. It was last sold for £580,000 in November 2023, which was around 168% above the average November 2023 detached price in the County Durham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

GOLDRILL Sold Prices

Land registry data shows two sales for GOLDRILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two GOLDRILL 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
2023 23 NOV	£580,000	£216,315	168% above HPI
1999 14 MAY	£210,000	£72,153	191% above HPI

GOLDRILL 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 two GOLDRILL sales from May 1999 and November 2023 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 May 1999 sale was for 191% above the HPI. So the extrapolation line tracks at 191% above the HPI over time, until the November 2023 sale, where it falls to 168% above the HPI. The line then continues to track at 168% above the HPI.

How Large is GOLDRILL?

GOLDRILL is 187m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 20% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where GOLDRILL lies on this distribution: 85% of detached houses are smaller than GOLDRILL, and 15% of houses are larger. Note that EPC data is not available for all properties in Durham.

GOLDRILL: Plot and Title Map

GOLDRILL sits on a plot of roughly 0.332 of an acre, or 1,343m². The below map shows the location of GOLDRILL, 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 GOLDRILL). 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 GOLDRILL?

GOLDRILL is located on FARNLEY HEY ROAD in DURHAM, in the DH1 postcode district. The below map shows the position of GOLDRILL on FARNLEY HEY ROAD.