15, FENHALL PARK, LANCHESTER, DURHAM, DH7 0JT - £390,000

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.

15 FENHALL PARK is a small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £425,116. It was last sold for £390,000 in August 2022, which was around 80% above the average August 2022 detached price in the County Durham local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

15 FENHALL PARK Sold Prices

Land registry data shows three sales for 15 FENHALL PARK 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 15 FENHALL PARK 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
2022 24 AUG	£390,000	£216,656	80% above HPI
2015 29 SEP	£295,000	£166,697	77% above HPI
2015 9 JAN	£190,000	£157,539	21% above HPI

15 FENHALL PARK 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 15 FENHALL PARK sales between January 2015 and August 2022 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 2015 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the August 2022 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 15 FENHALL PARK be worth now?

15 FENHALL PARK might now be worth an estimated £425,116.

This is based on house price inflation of 9%, between August 2022 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 9% inflationary increase is applied to the most recent sale price for 15 FENHALL PARK of £390,000 on 24th August 2022. For the value to have increased from £390,000 to £425,116 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 15 FENHALL PARK has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FENHALL PARK has not materially changed since August 2022.

How Large is 15 FENHALL PARK?

15 FENHALL PARK is 88m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses houses in Lanchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lanchester, and where 15 FENHALL PARK lies on this distribution: 25% of detached houses houses are smaller than 15 FENHALL PARK, and 75% of houses are larger. Note that EPC data is not available for all properties in Lanchester.

15 FENHALL PARK: Plot and Title Map

15 FENHALL PARK sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 15 FENHALL PARK, 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 FENHALL PARK). 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 FENHALL PARK?

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