2, CHIPCHASE GROVE, DURHAM, DH1 3FA - £499,995

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.

2 CHIPCHASE GROVE is a large detached house of 164m², built in 2017, which could now be worth an estimated £697,283. It was last sold for £499,995 in January 2020, which was around 192% above the average January 2020 detached price in the County Durham local authority area. The most recent EPC inspection was January 2020, where the current energy rating was B, and the potential energy rating was A.

2 CHIPCHASE GROVE Sold Prices

Land registry data shows one sale for 2 CHIPCHASE GROVE 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
2020 31 JAN	£499,995	£171,448	192% above HPI

What might 2 CHIPCHASE GROVE be worth now?

2 CHIPCHASE GROVE might now be worth an estimated £697,283.

This is based on house price inflation of 39.5%, between January 2020 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 39.5% inflationary increase is applied to the most recent sale price for 2 CHIPCHASE GROVE of £499,995 on 31st January 2020. For the value to have increased from £499,995 to £697,283 over the five years and six months to July 2026, the following assumptions must hold true:

• The value of 2 CHIPCHASE GROVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The January 2020 sale price of £499,995 represented a fair market value for the property.
• The size, condition, and specification of 2 CHIPCHASE GROVE has not materially changed since January 2020.

How Large is 2 CHIPCHASE GROVE?

2 CHIPCHASE GROVE is 164m² according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where 2 CHIPCHASE GROVE lies on this distribution: 72% of detached houses are smaller than 2 CHIPCHASE GROVE, and 27% of detached houses are larger. Note that EPC data is not available for all properties in Durham.

2 CHIPCHASE GROVE: Plot

2 CHIPCHASE GROVE sits on a plot of roughly 0.106 of an acre, or 427m².

Where is 2 CHIPCHASE GROVE?

2 CHIPCHASE GROVE is located in DURHAM, in the DH1 postcode district.