2, BISHOPS MEADOW, LANCHESTER, DURHAM, DH7 0PU - £310,000

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

2 BISHOPS MEADOW is a large extended detached house of 137m², built sometime between 2003 and 2006. It was last sold for £310,000 in August 2018, which was around 83% above the average August 2018 detached price in the County Durham local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

2 BISHOPS MEADOW Sold Prices

Land registry data shows three sales for 2 BISHOPS MEADOW 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 2 BISHOPS MEADOW 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
2018 24 AUG	£310,000	£169,680	83% above HPI
2004 24 NOV	£379,000	£158,649	139% above HPI
2003 27 JUN	£251,000	£112,663	123% above HPI

2 BISHOPS MEADOW 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 2 BISHOPS MEADOW sales between June 2003 and August 2018 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 2004 sale was for 139% above the HPI. So the extrapolation line tracks at 139% above the HPI over time, until the August 2018 sale, where it falls to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is 2 BISHOPS MEADOW?

2 BISHOPS MEADOW is 137m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 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 2 BISHOPS MEADOW lies on this distribution: 76% of detached houses are smaller than 2 BISHOPS MEADOW, and 24% of houses are larger. Note that EPC data is not available for all properties in Lanchester.

2 BISHOPS MEADOW: Plot and Title Map

2 BISHOPS MEADOW sits on a plot of roughly 0.070 of an acre, or 281m². The below map shows the location of 2 BISHOPS MEADOW, 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 2 BISHOPS MEADOW). 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 2 BISHOPS MEADOW?

2 BISHOPS MEADOW is located in LANCHESTER, in the DH7 postcode district. The below map shows the position of No. 2 on BISHOPS MEADOW.