1, SPRINGFIELD PARK, DURHAM, DH1 4LS - £295,000

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 SPRINGFIELD PARK is a detached house, which could now be worth an estimated £423,918. It was last sold for £295,000 in November 2004, which was around 81% above the average November 2004 detached price in the County Durham local authority area.

1 SPRINGFIELD PARK Sold Prices

Land registry data shows two sales for 1 SPRINGFIELD PARK 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 1 SPRINGFIELD PARK 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
2004 18 NOV	£295,000	£163,083	81% above HPI
2004 15 MAR	£304,950	£131,803	131% above HPI

What might 1 SPRINGFIELD PARK be worth now?

1 SPRINGFIELD PARK might now be worth an estimated £423,918.

This is based on house price inflation of 43.7%, between November 2004 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 43.7% inflationary increase is applied to the most recent sale price for 1 SPRINGFIELD PARK of £295,000 on 18th November 2004. For the value to have increased from £295,000 to £423,918 over the 22 years and six months to May 2026, the following assumptions must hold true:

• The value of 1 SPRINGFIELD PARK has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2004 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGFIELD PARK has not materially changed since November 2004.

Where is 1 SPRINGFIELD PARK?

1 SPRINGFIELD PARK is located in DURHAM, in the DH1 postcode district.