19, OAKWOOD, LANCHESTER, DURHAM, DH7 0NP - £151,000

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

19 OAKWOOD is a small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £151,000 in August 2016, which was around 9% below the average August 2016 detached price in the County Durham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

19 OAKWOOD Sold Prices

Land registry data shows two sales for 19 OAKWOOD 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 19 OAKWOOD 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
2016 12 AUG	£151,000	£166,172	9% below HPI
1999 8 JAN	£94,000	£72,516	30% above HPI

19 OAKWOOD 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 19 OAKWOOD sales from January 1999 and August 2016 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 January 1999 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the August 2016 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 19 OAKWOOD?

19 OAKWOOD is 93m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses in Lanchester, based on EPC data. The below chart shows the distribution of detached houses by size in Lanchester, and where 19 OAKWOOD lies on this distribution: 28% of detached houses are smaller than 19 OAKWOOD, and 72% of houses are larger. Note that EPC data is not available for all properties in Lanchester.

19 OAKWOOD: Plot and Title Map

19 OAKWOOD sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 19 OAKWOOD, 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 19 OAKWOOD). 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 19 OAKWOOD?

19 OAKWOOD is located in LANCHESTER, in the DH7 postcode district. The below map shows the position of No. 19 on OAKWOOD.