5, SPRINGFIELD PARK, DURHAM, DH1 4LS - £310,000

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.

5 SPRINGFIELD PARK is a detached house, which could now be worth an estimated £413,463. It was last sold for £310,000 in August 2005, which was around 76% above the average August 2005 detached price in the County Durham local authority area.

5 SPRINGFIELD PARK Sold Prices

Land registry data shows one sale for 5 SPRINGFIELD PARK 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
2005 8 AUG	£310,000	£175,709	76% above HPI

What might 5 SPRINGFIELD PARK be worth now?

5 SPRINGFIELD PARK might now be worth an estimated £413,463.

This is based on house price inflation of 33.4%, between August 2005 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 33.4% inflationary increase is applied to the most recent sale price for 5 SPRINGFIELD PARK of £310,000 on 8th August 2005. For the value to have increased from £310,000 to £413,463 over the 21 years and three months to May 2026, the following assumptions must hold true:

• The value of 5 SPRINGFIELD PARK has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2005 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRINGFIELD PARK has not materially changed since August 2005.

Where is 5 SPRINGFIELD PARK?

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