1, VICTORIA LANE, COUNDON, BISHOP AUCKLAND, DL14 8NL - £84,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 VICTORIA LANE is a large detached house of 118m², built sometime between 1983 and 1990, which could now be worth an estimated £226,721. It was last sold for £84,950 in September 2001, which was around 4% below the average September 2001 detached price in the County Durham local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

1 VICTORIA LANE Sold Prices

Land registry data shows two sales for 1 VICTORIA LANE 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 VICTORIA LANE sales was for below the average price, whilst the other was 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
2001 21 SEP	£84,950	£88,488	4% below HPI
1995 24 MAR	£79,950	£67,351	19% above HPI

1 VICTORIA 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 two 1 VICTORIA LANE sales from March 1995 and September 2001 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 March 1995 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2001 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1 VICTORIA LANE be worth now?

1 VICTORIA LANE might now be worth an estimated £226,721.

This is based on house price inflation of 166.9%, between September 2001 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 166.9% inflationary increase is applied to the most recent sale price for 1 VICTORIA LANE of £84,950 on 21st September 2001. For the value to have increased from £84,950 to £226,721 over the 24 years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 VICTORIA LANE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2001 sale price of £84,950 represented a fair market value for the property.
• The size, condition, and specification of 1 VICTORIA LANE has not materially changed since September 2001.

How Large is 1 VICTORIA LANE?

1 VICTORIA LANE is 118m² according to the EPC inspection conducted in April 2014. This puts it in the largest 30% of detached houses houses in Coundon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coundon, and where 1 VICTORIA LANE lies on this distribution: 75% of detached houses houses are smaller than 1 VICTORIA LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Coundon.

1 VICTORIA LANE: Plot and Title Map

1 VICTORIA LANE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 1 VICTORIA 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 VICTORIA 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 VICTORIA LANE?

1 VICTORIA LANE is located in COUNDON, in the DL14 postcode district. The below map shows the position of No. 1 on VICTORIA LANE.