1, COLEPIKE ROAD, LANCHESTER, DURHAM, DH7 0HJ - £210,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 COLEPIKE ROAD is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £210,000 in January 2017, which was around 29% above the average January 2017 detached price in the County Durham local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was D.

1 COLEPIKE ROAD Sold Prices

Land registry data shows two sales for 1 COLEPIKE ROAD 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. One of the two 1 COLEPIKE ROAD sales was for above the average price, whilst the other was for below 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
2017 27 JAN	£210,000	£163,411	29% above HPI
1998 25 SEP	£64,000	£73,843	13% below HPI

1 COLEPIKE ROAD 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 1 COLEPIKE ROAD sales from September 1998 and January 2017 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 September 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2017 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 1 COLEPIKE ROAD?

1 COLEPIKE ROAD is 114m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 50% of detached houses in Lanchester, based on EPC data. The below chart shows the distribution of detached houses by size in Lanchester, and where 1 COLEPIKE ROAD lies on this distribution: 53% of detached houses are smaller than 1 COLEPIKE ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Lanchester.

1 COLEPIKE ROAD: Plot and Title Map

1 COLEPIKE ROAD sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 1 COLEPIKE ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 COLEPIKE ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 COLEPIKE ROAD?

1 COLEPIKE ROAD is located in LANCHESTER, in the DH7 postcode district. The below map shows the position of No. 1 on COLEPIKE ROAD.