STATION HOUSE, LANCHESTER, DURHAM, DH7 0HA - £577,500

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

STATION HOUSE is a very large extended detached house of 219m², built sometime before 1900. It was last sold for £577,500 in February 2022, which was around 193% above the average February 2022 detached price in the County Durham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

STATION HOUSE Sold Prices

Land registry data shows three sales for STATION HOUSE 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 STATION HOUSE 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 15 FEB	£577,500	£196,925	193% above HPI
2016 26 FEB	£325,000	£160,165	103% above HPI
1996 28 OCT	£112,000	£69,055	62% above HPI

STATION HOUSE 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 STATION HOUSE sales between October 1996 and February 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 February 2016 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the February 2022 sale, where it rises to 193% above the HPI. The line then continues to track at 193% above the HPI.

How Large is STATION HOUSE?

STATION HOUSE is 219m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses in Lanchester, based on EPC data. The below chart shows the distribution of detached houses by size in Lanchester, and where STATION HOUSE lies on this distribution: 96% of detached houses are smaller than STATION HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Lanchester.

STATION HOUSE: Plot and Title Map

STATION HOUSE sits on a plot of roughly 3.4 acres, or 13,729m². The below map shows the location of STATION HOUSE, 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 STATION HOUSE). 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 STATION HOUSE?

STATION HOUSE is located in LANCHESTER, in the DH7 postcode district. The below map shows the position of STATION HOUSE in LANCHESTER.