3, WOODLANDS, LANCHESTER, DURHAM, DH7 0NS - £285,000

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 WOODLANDS is a small detached house of 95m², built sometime between 1996 and 2002. It was last sold for £285,000 in April 2018, which was around 74% above the average April 2018 detached price in the County Durham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

3 WOODLANDS Sold Prices

Land registry data shows three sales for 3 WOODLANDS 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. All of the three 3 WOODLANDS 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
2018 11 APR	£285,000	£164,142	74% above HPI
2002 3 DEC	£210,000	£101,980	106% above HPI
1997 22 AUG	£112,000	£72,939	54% above HPI

3 WOODLANDS 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 3 WOODLANDS sales between August 1997 and April 2018 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 2002 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the April 2018 sale, where it falls to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is 3 WOODLANDS?

3 WOODLANDS is 95m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 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 3 WOODLANDS lies on this distribution: 31% of detached houses are smaller than 3 WOODLANDS, and 68% of houses are larger. Note that EPC data is not available for all properties in Lanchester.

3 WOODLANDS: Plot and Title Map

3 WOODLANDS sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 3 WOODLANDS, 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 WOODLANDS). 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 WOODLANDS?

3 WOODLANDS is located in LANCHESTER, in the DH7 postcode district. The below map shows the position of No. 3 on WOODLANDS.