29, MEADOW WAY, LANCHESTER, DURHAM, DH7 0QB - £185,000

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

29 MEADOW WAY is a large extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £185,000 in September 2019, which was around 8% above the average September 2019 detached price in the County Durham local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was C.

29 MEADOW WAY Sold Prices

Land registry data shows two sales for 29 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. One of the two 29 MEADOW WAY sales was for above the average price, whilst the other 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
2019 13 SEP	£185,000	£172,053	8% above HPI
2001 10 AUG	£73,000	£84,551	14% below HPI

29 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 29 MEADOW WAY sales from August 2001 and September 2019 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 August 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2019 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 29 MEADOW WAY?

29 MEADOW WAY is 122m², which includes one extension, according to the EPC inspection conducted in December 2008. This puts it in the largest 40% of detached houses in Lanchester, based on EPC data. The below chart shows the distribution of detached houses by size in Lanchester, and where 29 MEADOW WAY lies on this distribution: 63% of detached houses are smaller than 29 MEADOW WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Lanchester.

29 MEADOW WAY: Plot and Title Map

29 MEADOW WAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 29 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 29 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 29 MEADOW WAY?

29 MEADOW WAY is located in LANCHESTER, in the DH7 postcode district. The below map shows the position of No. 29 on MEADOW WAY.