HEATHER LEA, FARNLEY MOUNT, DURHAM, DH1 4DZ - £518,300

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

HEATHER LEA is a very large extended detached house of 181m², built sometime between 1930 and 1949. It was last sold for £518,300 in July 2019, which was around 207% above the average July 2019 detached price in the County Durham local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

HEATHER LEA Sold Prices

Land registry data shows three sales for HEATHER LEA 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. All of the three HEATHER LEA 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
2019 5 JUL	£518,300	£168,728	207% above HPI
2006 8 DEC	£440,000	£183,161	140% above HPI
1995 12 MAY	£152,500	£64,964	135% above HPI

HEATHER LEA 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 HEATHER LEA sales between May 1995 and July 2019 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 December 2006 sale was for 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the July 2019 sale, where it rises to 207% above the HPI. The line then continues to track at 207% above the HPI.

How Large is HEATHER LEA?

HEATHER LEA is 181m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where HEATHER LEA lies on this distribution: 83% of detached houses are smaller than HEATHER LEA, and 17% of houses are larger. Note that EPC data is not available for all properties in Durham.

HEATHER LEA: Plot and Title Map

HEATHER LEA sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of HEATHER LEA, 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 HEATHER LEA). 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 HEATHER LEA?

HEATHER LEA is located on FARNLEY MOUNT in DURHAM, in the DH1 postcode district. The below map shows the position of HEATHER LEA on FARNLEY MOUNT.