THE BUTTERY, MANOR HOUSE FARM, DURHAM ROAD, LANCHESTER, DURHAM, DH7 0TQ - £305,000

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

THE BUTTERY is a very large detached house of 151m², built sometime before 1900. It was last sold for £305,000 in November 2019, which was around 80% above the average November 2019 detached price in the County Durham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

THE BUTTERY Sold Prices

Land registry data shows five sales for THE BUTTERY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the five THE BUTTERY 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 20 NOV	£305,000	£169,475	80% above HPI
2005 28 APR	£340,000	£163,631	108% above HPI
2003 13 JAN	£250,000	£103,272	142% above HPI
2002 13 JUN	£141,000	£91,276	54% above HPI
1998 23 SEP	£146,000	£73,843	98% above HPI

THE BUTTERY 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 five THE BUTTERY sales between September 1998 and November 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 April 2005 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the November 2019 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is THE BUTTERY?

THE BUTTERY is 151m² according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Lanchester, based on EPC data. The below chart shows the distribution of detached houses by size in Lanchester, and where THE BUTTERY lies on this distribution: 84% of detached houses are smaller than THE BUTTERY, and 16% of houses are larger. Note that EPC data is not available for all properties in Lanchester.

THE BUTTERY: Plot and Title Map

THE BUTTERY sits on a plot of roughly 11.3 acres, or 45,576m². The below map shows the location of THE BUTTERY, 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 THE BUTTERY). 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 THE BUTTERY?

THE BUTTERY, MANOR HOUSE FARM is located on DURHAM ROAD in LANCHESTER, in the DH7 postcode district. The below map shows the position of THE BUTTERY, MANOR HOUSE FARM on DURHAM ROAD.