1, OLD POST OFFICE LANE, WOLSINGHAM, BISHOP AUCKLAND, DL13 3AG - £340,000

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.

1 OLD POST OFFICE LANE is a large extended detached house of 171m², built sometime before 1900, which could now be worth an estimated £402,873. It was last sold for £340,000 in June 2021, which was around 71% above the average June 2021 detached price in the County Durham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

1 OLD POST OFFICE LANE Sold Prices

Land registry data shows three sales for 1 OLD POST OFFICE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 1 OLD POST OFFICE LANE 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
2021 30 JUN	£340,000	£199,308	71% above HPI
2016 19 FEB	£203,000	£164,642	23% above HPI
2013 10 APR	£190,000	£159,308	19% above HPI

1 OLD POST OFFICE LANE 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 three 1 OLD POST OFFICE LANE sales between April 2013 and June 2021 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 February 2016 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2021 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 1 OLD POST OFFICE LANE be worth now?

1 OLD POST OFFICE LANE might now be worth an estimated £402,873.

This is based on house price inflation of 18.5%, between June 2021 and February 2025, 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 18.5% inflationary increase is applied to the most recent sale price for 1 OLD POST OFFICE LANE of £340,000 on 30th June 2021. For the value to have increased from £340,000 to £402,873 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 1 OLD POST OFFICE LANE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2021 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OLD POST OFFICE LANE has not materially changed since June 2021.

How Large is 1 OLD POST OFFICE LANE?

1 OLD POST OFFICE LANE is 171m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses houses in Wolsingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wolsingham, and where 1 OLD POST OFFICE LANE lies on this distribution: 71% of detached houses houses are smaller than 1 OLD POST OFFICE LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Wolsingham.

1 OLD POST OFFICE LANE: Plot and Title Map

1 OLD POST OFFICE LANE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 1 OLD POST OFFICE LANE, 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 OLD POST OFFICE LANE). 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 OLD POST OFFICE LANE?

1 OLD POST OFFICE LANE is located in WOLSINGHAM, in the DL13 postcode district. The below map shows the position of No. 1 on OLD POST OFFICE LANE.