1, BISHOPS GATE, DURHAM, DH1 4JU - £975,000

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.

1 BISHOPS GATE is a very large detached house of 300m², built in 2016, which could now be worth an estimated £1,197,717. It was last sold for £975,000 in April 2021, which was around 411% above the average April 2021 detached price in the County Durham local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was B.

1 BISHOPS GATE Sold Prices

Land registry data shows one sale for 1 BISHOPS GATE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the County Durham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 29 APR	£975,000	£190,774	411% above HPI

What might 1 BISHOPS GATE be worth now?

1 BISHOPS GATE might now be worth an estimated £1,197,717.

This is based on house price inflation of 22.8%, between April 2021 and May 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 22.8% inflationary increase is applied to the most recent sale price for 1 BISHOPS GATE of £975,000 on 29th April 2021. For the value to have increased from £975,000 to £1,197,717 over the four years and eleven months to May 2026, the following assumptions must hold true:

• The value of 1 BISHOPS GATE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2021 sale price of £975,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BISHOPS GATE has not materially changed since April 2021.

How Large is 1 BISHOPS GATE?

1 BISHOPS GATE is 300m² according to the EPC inspection conducted in May 2017. This puts it in the largest 10% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where 1 BISHOPS GATE lies on this distribution: 98% of detached houses are smaller than 1 BISHOPS GATE, and 2% of detached houses are larger. Note that EPC data is not available for all properties in Durham.

1 BISHOPS GATE: Plot

1 BISHOPS GATE sits on a plot of roughly 0.099 of an acre, or 402m².

Where is 1 BISHOPS GATE?

1 BISHOPS GATE is located in DURHAM, in the DH1 postcode district.