2, WOODHOUSE LANE, BISHOP AUCKLAND, DL14 6JY - £435,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 WOODHOUSE LANE is a very large extended detached house of 212m², built sometime between 1950 and 1966, which could now be worth an estimated £460,881. It was last sold for £435,000 in November 2022, which was around 95% above the average November 2022 detached price in the County Durham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

2 WOODHOUSE LANE Sold Prices

Land registry data shows three sales for 2 WOODHOUSE LANE 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. Two of the three 2 WOODHOUSE LANE sales were for above the average price, whilst one was for below 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
2022 4 NOV	£435,000	£222,902	95% above HPI
2018 4 DEC	£275,000	£174,891	57% above HPI
2002 26 APR	£11,500	£89,966	87% below HPI

2 WOODHOUSE LANE 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 WOODHOUSE LANE sales between April 2002 and November 2022 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 December 2018 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the November 2022 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might 2 WOODHOUSE LANE be worth now?

2 WOODHOUSE LANE might now be worth an estimated £460,881.

This is based on house price inflation of 5.9%, between November 2022 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.9% inflationary increase is applied to the most recent sale price for 2 WOODHOUSE LANE of £435,000 on 4th November 2022. For the value to have increased from £435,000 to £460,881 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 WOODHOUSE LANE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2022 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOODHOUSE LANE has not materially changed since November 2022.

How Large is 2 WOODHOUSE LANE?

2 WOODHOUSE LANE is 212m², which includes three extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 10% of detached houses houses in Bishop Auckland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bishop Auckland, and where 2 WOODHOUSE LANE lies on this distribution: 96% of detached houses houses are smaller than 2 WOODHOUSE LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Bishop Auckland.

2 WOODHOUSE LANE: Plot and Title Map

2 WOODHOUSE LANE sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of 2 WOODHOUSE LANE, 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 WOODHOUSE LANE). 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 WOODHOUSE LANE?

2 WOODHOUSE LANE is located in BISHOP AUCKLAND, in the DL14 postcode district. The below map shows the position of No. 2 on WOODHOUSE LANE.