THE GRANARY, MANOR HOUSE FARM, DURHAM ROAD, LANCHESTER, DURHAM, DH7 0TQ - £220,000

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.

THE GRANARY is a midsized detached house of 103m², built sometime between 1991 and 1995, which could now be worth an estimated £316,792. It was last sold for £220,000 in April 2017, which was around 34% above the average April 2017 detached price in the County Durham local authority area. The most recent EPC inspection was January 2009, where the current energy rating was E, and the potential energy rating was D.

THE GRANARY Sold Prices

Land registry data shows two sales for THE GRANARY 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 THE GRANARY 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
2017 13 APR	£220,000	£164,007	34% above HPI
2006 3 OCT	£190,000	£188,045	1% above HPI

THE GRANARY 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 THE GRANARY sales from October 2006 and April 2017 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 October 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2017 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might THE GRANARY be worth now?

THE GRANARY might now be worth an estimated £316,792.

This is based on house price inflation of 44%, between April 2017 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 44% inflationary increase is applied to the most recent sale price for THE GRANARY of £220,000 on 13th April 2017. For the value to have increased from £220,000 to £316,792 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of THE GRANARY has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2017 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of THE GRANARY has not materially changed since April 2017.

How Large is THE GRANARY?

THE GRANARY is 103m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 50% 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 THE GRANARY lies on this distribution: 40% of detached houses houses are smaller than THE GRANARY, and 60% of houses are larger. Note that EPC data is not available for all properties in Lanchester.

THE GRANARY: Plot and Title Map

THE GRANARY sits on a plot of roughly 4.9 acres, or 19,769m². The below map shows the location of THE GRANARY, 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 GRANARY). 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 GRANARY?

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