4, FROSTERLEY DRIVE, GREAT LUMLEY, CHESTER LE STREET, DH3 4SJ - £327,000

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

4 FROSTERLEY DRIVE is a large extended detached house of 127m², built sometime between 1991 and 1995. It was last sold for £327,000 in June 2021, which was around 69% above the average June 2021 detached price in the County Durham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

4 FROSTERLEY DRIVE Sold Prices

Land registry data shows two sales for 4 FROSTERLEY DRIVE 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 4 FROSTERLEY DRIVE 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
2021 25 JUN	£327,000	£193,890	69% above HPI
2019 18 SEP	£305,000	£172,053	77% above HPI

4 FROSTERLEY DRIVE 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 4 FROSTERLEY DRIVE sales from September 2019 and June 2021 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 September 2019 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the June 2021 sale, where it falls to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is 4 FROSTERLEY DRIVE?

4 FROSTERLEY DRIVE is 127m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses in Great Lumley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Lumley, and where 4 FROSTERLEY DRIVE lies on this distribution: 68% of detached houses are smaller than 4 FROSTERLEY DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

4 FROSTERLEY DRIVE: Plot and Title Map

4 FROSTERLEY DRIVE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 4 FROSTERLEY DRIVE, 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 4 FROSTERLEY DRIVE). 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 4 FROSTERLEY DRIVE?

4 FROSTERLEY DRIVE is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 4 on FROSTERLEY DRIVE.