Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 LAVENDER DRIVE is a large extended detached house of 125m², built sometime between 1996 and 2002. It was last sold for £207,500 in February 2009, which was around 26% above the average February 2009 detached price in the County Durham local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 LAVENDER DRIVE since 1st 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 LAVENDER DRIVE 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 |
---|---|---|---|
2009 26 FEB | £207,500 | £165,026 | 26% above HPI |
2000 25 FEB | £93,000 | £78,366 | 19% above HPI |
1997 17 OCT | £91,995 | £70,874 | 30% above HPI |
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 LAVENDER DRIVE sales between October 1997 and February 2009 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 2000 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2009 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.
2 LAVENDER DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 40% of detached houses in Bishop Auckland, based on EPC data. The below chart shows the distribution of detached houses by size in Bishop Auckland, and where 2 LAVENDER DRIVE lies on this distribution: 68% of detached houses are smaller than 2 LAVENDER DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Bishop Auckland.
2 LAVENDER DRIVE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 2 LAVENDER DRIVE, 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 LAVENDER DRIVE). 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.
2 LAVENDER DRIVE is located in ETHERLEY DENE, in the DL14 postcode district. The below map shows the position of No. 2 on LAVENDER DRIVE.