20, SPRINGFIELD PARK, DURHAM, DH1 4LS - £249,950

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.

20 SPRINGFIELD PARK is a detached house, which could now be worth an estimated £349,050. It was last sold for £249,950 in July 2011, which was around 46% above the average July 2011 detached price in the County Durham local authority area.

20 SPRINGFIELD PARK Sold Prices

Land registry data shows two sales for 20 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 20 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
2011 1 JUL	£249,950	£171,215	46% above HPI
2004 14 JUN	£270,000	£147,112	84% above HPI

What might 20 SPRINGFIELD PARK be worth now?

20 SPRINGFIELD PARK might now be worth an estimated £349,050.

This is based on house price inflation of 39.6%, between July 2011 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 39.6% inflationary increase is applied to the most recent sale price for 20 SPRINGFIELD PARK of £249,950 on 1st July 2011. For the value to have increased from £249,950 to £349,050 over the fifteen years to July 2026, the following assumptions must hold true:

• The value of 20 SPRINGFIELD PARK has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2011 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 20 SPRINGFIELD PARK has not materially changed since July 2011.

Where is 20 SPRINGFIELD PARK?

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