70, LOTHERTON DRIVE, SPENNYMOOR, DL16 7FE - £223,000

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

70 LOTHERTON DRIVE is a small detached house of 91m², built sometime between 2007 and 2011. It was last sold for £223,000 in January 2023, which was around 4% above the average January 2023 detached price in the County Durham local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

70 LOTHERTON DRIVE Sold Prices

Land registry data shows three sales for 70 LOTHERTON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Two of the three 70 LOTHERTON DRIVE sales were for above the average price, whilst one was 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 20 JAN	£223,000	£215,282	4% above HPI
2018 5 OCT	£170,000	£172,861	2% below HPI
2012 24 FEB	£200,000	£159,548	25% above HPI

70 LOTHERTON 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 three 70 LOTHERTON DRIVE sales between February 2012 and January 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 October 2018 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2023 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 70 LOTHERTON DRIVE?

70 LOTHERTON DRIVE is 91m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 70 LOTHERTON DRIVE lies on this distribution: 24% of detached houses are smaller than 70 LOTHERTON DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

70 LOTHERTON DRIVE: Plot and Title Map

70 LOTHERTON DRIVE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 70 LOTHERTON 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 70 LOTHERTON 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 70 LOTHERTON DRIVE?

70 LOTHERTON DRIVE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 70 on LOTHERTON DRIVE.