87, LOTHERTON DRIVE, SPENNYMOOR, DL16 7FF - £243,000

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

87 LOTHERTON DRIVE is a midsized detached house of 114m². It was last sold for £243,000 in August 2022, which was around 15% above the average August 2022 detached price in the County Durham local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was A.

87 LOTHERTON DRIVE Sold Prices

Land registry data shows two sales for 87 LOTHERTON 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 87 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
2022 10 AUG	£243,000	£210,766	15% above HPI
2018 22 JUN	£214,995	£165,735	30% above HPI

87 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 two 87 LOTHERTON DRIVE sales from June 2018 and August 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 June 2018 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the August 2022 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 87 LOTHERTON DRIVE?

87 LOTHERTON DRIVE is 114m² according to the EPC inspection conducted in May 2018. This puts it in the largest 40% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 87 LOTHERTON DRIVE lies on this distribution: 59% of detached houses are smaller than 87 LOTHERTON DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

87 LOTHERTON DRIVE: Plot and Title Map

87 LOTHERTON DRIVE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 87 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 87 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 87 LOTHERTON DRIVE?

87 LOTHERTON DRIVE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 87 on LOTHERTON DRIVE.