15, BROADOAK DRIVE, LANCHESTER, DURHAM, DH7 0PN - £240,000

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

15 BROADOAK DRIVE is a large extended semi-detached house of 142m², built sometime between 1967 and 1975, which could now be worth an estimated £327,170. It was last sold for £240,000 in July 2020, which was around 140% above the average July 2020 semi-detached price in the County Durham local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was C.

15 BROADOAK DRIVE Sold Prices

Land registry data shows four sales for 15 BROADOAK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Most of the four 15 BROADOAK DRIVE 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
2020 17 JUL	£240,000	£99,882	140% above HPI
1997 11 NOV	£79,000	£39,105	102% above HPI
1996 29 NOV	£54,000	£38,752	39% above HPI
1995 27 OCT	£35,000	£36,777	5% below HPI

15 BROADOAK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The four 15 BROADOAK DRIVE sales between October 1995 and July 2020 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 November 1997 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the July 2020 sale, where it rises to 140% above the HPI. The line then continues to track at 140% above the HPI.

What might 15 BROADOAK DRIVE be worth now?

15 BROADOAK DRIVE might now be worth an estimated £327,170.

This is based on house price inflation of 36.3%, between July 2020 and February 2025, for semi-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 36.3% inflationary increase is applied to the most recent sale price for 15 BROADOAK DRIVE of £240,000 on 17th July 2020. For the value to have increased from £240,000 to £327,170 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 15 BROADOAK DRIVE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The July 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BROADOAK DRIVE has not materially changed since July 2020.

How Large is 15 BROADOAK DRIVE?

15 BROADOAK DRIVE is 142m², which includes three extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 30% of semi-detached houses houses in Lanchester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lanchester, and where 15 BROADOAK DRIVE lies on this distribution: 77% of semi-detached houses houses are smaller than 15 BROADOAK DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Lanchester.

15 BROADOAK DRIVE: Plot and Title Map

15 BROADOAK DRIVE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 15 BROADOAK DRIVE, 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 15 BROADOAK DRIVE). 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 15 BROADOAK DRIVE?

15 BROADOAK DRIVE is located in LANCHESTER, in the DH7 postcode district. The below map shows the position of No. 15 on BROADOAK DRIVE.