25, MEADOW WAY, LANCHESTER, DURHAM, DH7 0QB - £130,000

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

25 MEADOW WAY is a very small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £130,000 in April 2008, which was around 31% below the average April 2008 detached price in the County Durham local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

25 MEADOW WAY Sold Prices

Land registry data shows two sales for 25 MEADOW WAY 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 25 MEADOW WAY sales were 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
2008 23 APR	£130,000	£189,184	31% below HPI
2005 15 JUL	£125,000	£168,402	26% below HPI

25 MEADOW WAY 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 25 MEADOW WAY sales from July 2005 and April 2008 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 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2008 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 25 MEADOW WAY?

25 MEADOW WAY is 79m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of detached houses in Lanchester, based on EPC data. The below chart shows the distribution of detached houses by size in Lanchester, and where 25 MEADOW WAY lies on this distribution: 13% of detached houses are smaller than 25 MEADOW WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Lanchester.

25 MEADOW WAY: Plot and Title Map

25 MEADOW WAY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 25 MEADOW WAY, 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 25 MEADOW WAY). 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 25 MEADOW WAY?

25 MEADOW WAY is located in LANCHESTER, in the DH7 postcode district. The below map shows the position of No. 25 on MEADOW WAY.