32, LILAC WAY, TOFT HILL, BISHOP AUCKLAND, DL14 0TA - £145,000

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

32 LILAC WAY is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £145,000 in March 2018, which was around 10% below the average March 2018 detached price in the County Durham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

32 LILAC WAY Sold Prices

Land registry data shows four sales for 32 LILAC WAY 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. Most of the four 32 LILAC 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
2018 1 MAR	£145,000	£161,955	10% below HPI
2004 30 JAN	£142,000	£127,054	12% above HPI
2000 4 AUG	£70,000	£82,814	15% below HPI
2000 8 JUN	£75,000	£79,374	6% below HPI

32 LILAC 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 four 32 LILAC WAY sales between June 2000 and March 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 January 2004 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 32 LILAC WAY?

32 LILAC WAY is 91m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of detached houses in Toft Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Toft Hill, and where 32 LILAC WAY lies on this distribution: 23% of detached houses are smaller than 32 LILAC WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Toft Hill.

32 LILAC WAY: Plot and Title Map

32 LILAC WAY sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 32 LILAC 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 32 LILAC 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 32 LILAC WAY?

32 LILAC WAY is located in TOFT HILL, in the DL14 postcode district. The below map shows the position of No. 32 on LILAC WAY.