83, LOTHERTON DRIVE, SPENNYMOOR, DL16 7FF - £176,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

83 LOTHERTON DRIVE is a small semi-detached house of 89m², which could now be worth an estimated £243,211. It was last sold for £176,000 in July 2020, which was around 76% above the average July 2020 semi-detached price in the County Durham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was A.

83 LOTHERTON DRIVE Sold Prices

Land registry data shows two sales for 83 LOTHERTON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two 83 LOTHERTON DRIVE 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
2020 3 JUL	£176,000	£99,882	76% above HPI
2016 3 OCT	£190,000	£96,700	96% above HPI

83 LOTHERTON DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The two 83 LOTHERTON DRIVE sales from October 2016 and July 2020 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 2016 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the July 2020 sale, where it falls to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might 83 LOTHERTON DRIVE be worth now?

83 LOTHERTON DRIVE might now be worth an estimated £243,211.

This is based on house price inflation of 38.2%, between July 2020 and March 2025, for semi-detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.2% inflationary increase is applied to the most recent sale price for 83 LOTHERTON DRIVE of £176,000 on 3rd July 2020. For the value to have increased from £176,000 to £243,211 over the five years and four months to March 2025, the following assumptions must hold true:

• The value of 83 LOTHERTON DRIVE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The July 2020 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 83 LOTHERTON DRIVE has not materially changed since July 2020.

How Large is 83 LOTHERTON DRIVE?

83 LOTHERTON DRIVE is 89m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of semi-detached houses houses in Spennymoor, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Spennymoor, and where 83 LOTHERTON DRIVE lies on this distribution: 22% of semi-detached houses houses are smaller than 83 LOTHERTON DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

83 LOTHERTON DRIVE: Plot and Title Map

83 LOTHERTON DRIVE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 83 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 83 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 83 LOTHERTON DRIVE?

83 LOTHERTON DRIVE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 83 on LOTHERTON DRIVE.