7, WOODLANDS, LANCHESTER, DURHAM, DH7 0NS - £360,000

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

7 WOODLANDS is a midsized extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £360,000 in October 2022, which was around 67% above the average October 2022 detached price in the County Durham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

7 WOODLANDS Sold Prices

Land registry data shows two sales for 7 WOODLANDS 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 7 WOODLANDS 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
2022 19 OCT	£360,000	£216,216	67% above HPI
1998 22 MAY	£102,500	£71,194	44% above HPI

7 WOODLANDS 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 7 WOODLANDS sales from May 1998 and October 2022 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 May 1998 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the October 2022 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 7 WOODLANDS?

7 WOODLANDS is 110m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% of detached houses in Lanchester, based on EPC data. The below chart shows the distribution of detached houses by size in Lanchester, and where 7 WOODLANDS lies on this distribution: 47% of detached houses are smaller than 7 WOODLANDS, and 51% of houses are larger. Note that EPC data is not available for all properties in Lanchester.

7 WOODLANDS: Plot and Title Map

7 WOODLANDS sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 7 WOODLANDS, 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 7 WOODLANDS). 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 7 WOODLANDS?

7 WOODLANDS is located in LANCHESTER, in the DH7 postcode district. The below map shows the position of No. 7 on WOODLANDS.