51, ALDERSIDE CRESCENT, LANCHESTER, DURHAM, DH7 0PZ - £120,000

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

51 ALDERSIDE CRESCENT is a very small extended detached house of 55m², built sometime between 1950 and 1966. It was last sold for £120,000 in September 2019, which was around 30% below the average September 2019 detached price in the County Durham local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

51 ALDERSIDE CRESCENT Sold Prices

Land registry data shows seven sales for 51 ALDERSIDE CRESCENT since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the seven 51 ALDERSIDE CRESCENT 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
2019 19 SEP	£120,000	£172,053	30% below HPI
2018 26 JUL	£137,000	£170,261	20% below HPI
2017 15 DEC	£122,500	£168,981	28% below HPI
2015 12 OCT	£120,000	£161,077	26% below HPI
2007 17 OCT	£117,000	£193,785	40% below HPI
2003 28 FEB	£47,500	£104,124	54% below HPI
1995 7 APR	£10,250	£64,458	84% below HPI

51 ALDERSIDE CRESCENT 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 seven 51 ALDERSIDE CRESCENT sales between April 1995 and September 2019 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 July 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 51 ALDERSIDE CRESCENT?

51 ALDERSIDE CRESCENT is 55m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Lanchester, based on EPC data. The below chart shows the distribution of detached houses by size in Lanchester, and where 51 ALDERSIDE CRESCENT lies on this distribution: 1% of detached houses are smaller than 51 ALDERSIDE CRESCENT, and 99% of houses are larger. Note that EPC data is not available for all properties in Lanchester.

51 ALDERSIDE CRESCENT: Plot and Title Map

51 ALDERSIDE CRESCENT sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 51 ALDERSIDE CRESCENT, 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 51 ALDERSIDE CRESCENT). 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 51 ALDERSIDE CRESCENT?

51 ALDERSIDE CRESCENT is located in LANCHESTER, in the DH7 postcode district. The below map shows the position of No. 51 on ALDERSIDE CRESCENT.