45, LAMBTON DRIVE, BISHOP AUCKLAND, DL14 6LF - £180,000

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

45 LAMBTON DRIVE is a small detached house of 101m², built sometime between 1950 and 1966. It was last sold for £180,000 in November 2023, which was around 14% below the average November 2023 detached price in the County Durham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

45 LAMBTON DRIVE Sold Prices

Land registry data shows two sales for 45 LAMBTON 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 45 LAMBTON DRIVE 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
2023 17 NOV	£180,000	£209,977	14% below HPI
2020 30 JUN	£140,000	£165,064	15% below HPI

45 LAMBTON 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 45 LAMBTON DRIVE sales from June 2020 and November 2023 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 June 2020 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 45 LAMBTON DRIVE?

45 LAMBTON DRIVE is 101m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 40% of detached houses in Bishop Auckland, based on EPC data. The below chart shows the distribution of detached houses by size in Bishop Auckland, and where 45 LAMBTON DRIVE lies on this distribution: 38% of detached houses are smaller than 45 LAMBTON DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Bishop Auckland.

45 LAMBTON DRIVE: Plot and Title Map

45 LAMBTON DRIVE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 45 LAMBTON 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 45 LAMBTON 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 45 LAMBTON DRIVE?

45 LAMBTON DRIVE is located in BISHOP AUCKLAND, in the DL14 postcode district. The below map shows the position of No. 45 on LAMBTON DRIVE.