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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

93 SEVEN ACRES is a very large detached house of 188m², built sometime between 1930 and 1949, which could now be worth an estimated £193,018. It was last sold for £134,950 in July 2013, which was around 18% 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	£164,009	18% below HPI
2002 31 MAY	£45,000	£92,118	51% 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 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the July 2013 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 93 SEVEN ACRES be worth now?

93 SEVEN ACRES might now be worth an estimated £193,018.

This is based on house price inflation of 43%, between July 2013 and December 2024, for 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 43% inflationary increase is applied to the most recent sale price for 93 SEVEN ACRES of £134,950 on 5th July 2013. For the value to have increased from £134,950 to £193,018 over the ten years and seven months to December 2024, the following assumptions must hold true:

• The value of 93 SEVEN ACRES has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2013 sale price of £134,950 represented a fair market value for the property.
• The size, condition, and specification of 93 SEVEN ACRES has not materially changed since July 2013.

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 houses in Great Lumley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Lumley, and where 93 SEVEN ACRES lies on this distribution: 97% of detached houses 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.