3, LOWES RISE, DURHAM, DH1 4NS - £520,000

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

3 LOWES RISE is a very large extended detached house of 176m², built sometime between 1991 and 1995. It was last sold for £520,000 in February 2019, which was around 221% above the average February 2019 detached price in the County Durham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

3 LOWES RISE Sold Prices

Land registry data shows four sales for 3 LOWES RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 3 LOWES RISE 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
2019 1 FEB	£520,000	£161,893	221% above HPI
2004 1 MAR	£395,000	£128,220	208% above HPI
2000 17 JUL	£275,000	£81,192	239% above HPI
1996 22 JAN	£194,000	£66,500	192% above HPI

3 LOWES RISE 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 four 3 LOWES RISE sales between January 1996 and February 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 March 2004 sale was for 208% above the HPI. So the extrapolation line tracks at 208% above the HPI over time, until the February 2019 sale, where it rises to 221% above the HPI. The line then continues to track at 221% above the HPI.

How Large is 3 LOWES RISE?

3 LOWES RISE is 176m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 20% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where 3 LOWES RISE lies on this distribution: 81% of detached houses are smaller than 3 LOWES RISE, and 19% of houses are larger. Note that EPC data is not available for all properties in Durham.

3 LOWES RISE: Plot and Title Map

3 LOWES RISE sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 3 LOWES RISE, 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 3 LOWES RISE). 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 3 LOWES RISE?

3 LOWES RISE is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 3 on LOWES RISE.