40, BURNLANDS WAY, PELTON FELL, CHESTER LE STREET, DH2 2FQ - £278,000

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

40 BURNLANDS WAY is a midsized detached house of 120m², built in 2019. It was last sold for £278,000 in March 2024, which was around 33% above the average March 2024 detached price in the County Durham local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was A.

40 BURNLANDS WAY Sold Prices

Land registry data shows two sales for 40 BURNLANDS 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. Both of the two 40 BURNLANDS WAY 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
2024 20 MAR	£278,000	£209,585	33% above HPI
2021 27 AUG	£247,995	£196,735	26% above HPI

40 BURNLANDS 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 40 BURNLANDS WAY sales from August 2021 and March 2024 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 2021 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2024 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 40 BURNLANDS WAY?

40 BURNLANDS WAY is 120m² according to the EPC inspection conducted in July 2021. This puts it in the largest 50% of detached houses in Whitehill, based on EPC data. The below chart shows the distribution of detached houses by size in Whitehill, and where 40 BURNLANDS WAY lies on this distribution: 56% of detached houses are smaller than 40 BURNLANDS WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Whitehill.

40 BURNLANDS WAY: Plot and Title Map

40 BURNLANDS WAY sits on a plot of roughly 39.1 acres, or 158,099m². The below map shows the location of 40 BURNLANDS 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 40 BURNLANDS 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 40 BURNLANDS WAY?

40 BURNLANDS WAY is located in PELTON FELL, in the DH2 postcode district. The below map shows the position of No. 40 on BURNLANDS WAY.