15, WOODLANDS, LANCHESTER, DURHAM, DH7 0NS - £285,000

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

15 WOODLANDS is a large detached house of 120m², built sometime between 1996 and 2002. It was last sold for £285,000 in March 2015, which was around 85% above the average March 2015 detached price in the County Durham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

15 WOODLANDS Sold Prices

Land registry data shows two sales for 15 WOODLANDS 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. Both of the two 15 WOODLANDS 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
2015 27 MAR	£285,000	£153,935	85% above HPI
2001 23 FEB	£132,500	£79,728	66% above HPI

15 WOODLANDS 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 15 WOODLANDS sales from February 2001 and March 2015 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 2001 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the March 2015 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is 15 WOODLANDS?

15 WOODLANDS is 120m² according to the EPC inspection conducted in October 2014. This puts it in the largest 40% of detached houses in Lanchester, based on EPC data. The below chart shows the distribution of detached houses by size in Lanchester, and where 15 WOODLANDS lies on this distribution: 60% of detached houses are smaller than 15 WOODLANDS, and 37% of houses are larger. Note that EPC data is not available for all properties in Lanchester.

15 WOODLANDS: Plot and Title Map

15 WOODLANDS sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 15 WOODLANDS, 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 WOODLANDS). 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 WOODLANDS?

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