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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

STATION HOUSE is a very large extended detached house of 219m², built sometime before 1900, which could now be worth an estimated £673,744. It was last sold for £577,500 in February 2022, which was around 185% 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	£202,428	185% above HPI
2016 26 FEB	£325,000	£164,642	97% above HPI
1996 28 OCT	£112,000	£70,985	58% 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 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the February 2022 sale, where it rises to 185% above the HPI. The line then continues to track at 185% above the HPI.

What might STATION HOUSE be worth now?

STATION HOUSE might now be worth an estimated £673,744.

This is based on house price inflation of 16.7%, between February 2022 and February 2025, 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 16.7% inflationary increase is applied to the most recent sale price for STATION HOUSE of £577,500 on 15th February 2022. For the value to have increased from £577,500 to £673,744 over the three years to February 2025, the following assumptions must hold true:

• The value of STATION HOUSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2022 sale price of £577,500 represented a fair market value for the property.
• The size, condition, and specification of STATION HOUSE has not materially changed since February 2022.

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 houses in Lanchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lanchester, and where STATION HOUSE lies on this distribution: 96% of detached houses 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.