93, SEVEN ACRES, GREAT LUMLEY, CHESTER LE STREET, DH3 4JT - £134,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

93 SEVEN ACRES is a very large detached house of 188m², built sometime between 1930 and 1949. It was last sold for £134,950 in July 2013, which was around 15% below the average July 2013 detached price in the County Durham local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

93 SEVEN ACRES Sold Prices

Land registry data shows two sales for 93 SEVEN ACRES 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 93 SEVEN ACRES 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
2013 5 JUL	£134,950	£159,551	15% below HPI
2002 31 MAY	£45,000	£89,614	50% below HPI

93 SEVEN ACRES 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 93 SEVEN ACRES sales from May 2002 and July 2013 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 2002 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2013 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 93 SEVEN ACRES?

93 SEVEN ACRES is 188m² according to the EPC inspection conducted in August 2012. This puts it in the largest 10% of detached houses in Great Lumley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Lumley, and where 93 SEVEN ACRES lies on this distribution: 97% of detached houses are smaller than 93 SEVEN ACRES, and 3% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

93 SEVEN ACRES: Plot and Title Map

93 SEVEN ACRES sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 93 SEVEN ACRES, 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 93 SEVEN ACRES). 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 93 SEVEN ACRES?

93 SEVEN ACRES is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 93 on SEVEN ACRES.