46, HUTTON WAY, DURHAM, DH1 5BW - £213,500

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.

46 HUTTON WAY is a large terraced house of 119m², built in 2014, which could now be worth an estimated £295,497. It was last sold for £213,500 in November 2018, which was around 160% above the average November 2018 terraced price in the County Durham local authority area. The most recent EPC inspection was December 2014, where the current energy rating was B, and the potential energy rating was A.

46 HUTTON WAY Sold Prices

Land registry data shows two sales for 46 HUTTON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Both of the two 46 HUTTON WAY 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
2018 8 NOV	£213,500	£82,034	160% above HPI
2014 19 DEC	£238,200	£75,030	217% above HPI

46 HUTTON WAY 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 46 HUTTON WAY sales from December 2014 and November 2018 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 December 2014 sale was for 217% above the HPI. So the extrapolation line tracks at 217% above the HPI over time, until the November 2018 sale, where it falls to 160% above the HPI. The line then continues to track at 160% above the HPI.

What might 46 HUTTON WAY be worth now?

46 HUTTON WAY might now be worth an estimated £295,497.

This is based on house price inflation of 38.4%, between November 2018 and May 2026, for terraced 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 38.4% inflationary increase is applied to the most recent sale price for 46 HUTTON WAY of £213,500 on 8th November 2018. For the value to have increased from £213,500 to £295,497 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 46 HUTTON WAY has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The November 2018 sale price of £213,500 represented a fair market value for the property.
• The size, condition, and specification of 46 HUTTON WAY has not materially changed since November 2018.

How Large is 46 HUTTON WAY?

46 HUTTON WAY is 119m² according to the EPC inspection conducted in December 2014. This puts it in the largest 30% of terraced houses in Durham, based on EPC data. The below chart shows the distribution of terraced houses by size in Durham, and where 46 HUTTON WAY lies on this distribution: 75% of terraced houses are smaller than 46 HUTTON WAY, and 24% of terraced houses are larger. Note that EPC data is not available for all properties in Durham.

46 HUTTON WAY: Plot

46 HUTTON WAY sits on a plot of roughly 93.8 acres, or 379,587m².

Where is 46 HUTTON WAY?

46 HUTTON WAY is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 46 on HUTTON WAY.