2, DEANERY COTTAGES, LANCHESTER, DURHAM, DH7 0LQ - £180,000

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 DEANERY COTTAGES is a large extended semi-detached house of 132m², built sometime before 1900. It was last sold for £180,000 in December 2016, which was around 10% above the average December 2016 detached price in the County Durham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was F, and the potential energy rating was B.

2 DEANERY COTTAGES Sold Prices

Land registry data shows two sales for 2 DEANERY COTTAGES 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 2 DEANERY COTTAGES 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
2016 16 DEC	£180,000	£163,164	10% above HPI
1996 1 JUL	£70,000	£68,709	2% above HPI

2 DEANERY COTTAGES 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 2 DEANERY COTTAGES sales from July 1996 and December 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 July 1996 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2016 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 2 DEANERY COTTAGES?

2 DEANERY COTTAGES is 132m², which includes one extension, according to the EPC inspection conducted in October 2014. 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 DEANERY COTTAGES lies on this distribution: 72% of detached houses are smaller than 2 DEANERY COTTAGES, and 27% of houses are larger. Note that EPC data is not available for all properties in Lanchester.

2 DEANERY COTTAGES: Plot and Title Map

2 DEANERY COTTAGES sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 2 DEANERY COTTAGES, 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 DEANERY COTTAGES). 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 DEANERY COTTAGES?

2 DEANERY COTTAGES is located in LANCHESTER, in the DH7 postcode district. The below map shows the position of 2 DEANERY COTTAGES in LANCHESTER.