PEAR TREE LODGE, WITTON GILBERT, DURHAM, DH7 6SU - £475,000

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.

PEAR TREE LODGE is a very large detached house of 257m², built sometime from 2007 onwards, which could now be worth an estimated £680,297. It was last sold for £475,000 in September 2012, which was around 185% above the average September 2012 detached price in the County Durham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

PEAR TREE LODGE Sold Prices

Land registry data shows two sales for PEAR TREE LODGE 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 PEAR TREE LODGE 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
2012 6 SEP	£475,000	£166,944	185% above HPI
2005 31 OCT	£378,000	£178,880	111% above HPI

PEAR TREE LODGE 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 PEAR TREE LODGE sales from October 2005 and September 2012 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 October 2005 sale was for 111% above the HPI. So the extrapolation line tracks at 111% above the HPI over time, until the September 2012 sale, where it rises to 185% above the HPI. The line then continues to track at 185% above the HPI.

What might PEAR TREE LODGE be worth now?

PEAR TREE LODGE might now be worth an estimated £680,297.

This is based on house price inflation of 43.2%, between September 2012 and July 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 43.2% inflationary increase is applied to the most recent sale price for PEAR TREE LODGE of £475,000 on 6th September 2012. For the value to have increased from £475,000 to £680,297 over the fourteen years and two months to July 2026, the following assumptions must hold true:

• The value of PEAR TREE LODGE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2012 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of PEAR TREE LODGE has not materially changed since September 2012.

How Large is PEAR TREE LODGE?

PEAR TREE LODGE is 257m² according to the EPC inspection conducted in March 2012. This puts it in the largest 10% of detached houses houses in Witton Gilbert, based on EPC data. The below chart shows the distribution of detached houses houses by size in Witton Gilbert, and where PEAR TREE LODGE lies on this distribution: 98% of detached houses houses are smaller than PEAR TREE LODGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Witton Gilbert.

PEAR TREE LODGE: Plot and Title Map

PEAR TREE LODGE sits on a plot of roughly 140.6 acres, or 568,899m². The below map shows the location of PEAR TREE LODGE, 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 PEAR TREE LODGE). 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 PEAR TREE LODGE?

PEAR TREE LODGE is located in WITTON GILBERT, in the DH7 postcode district. The below map shows the position of PEAR TREE LODGE in WITTON GILBERT.