24, FROSTERLEY DRIVE, GREAT LUMLEY, CHESTER LE STREET, DH3 4SJ - £254,000

24 FROSTERLEY DRIVE is a very large extended detached house of 148m², built sometime between 1991 and 1995. It was last sold for £254,000 in July 2020, which was around 51% above the average July 2020 detached price in the County Durham local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

24 FROSTERLEY DRIVE Sold Prices

Land registry data shows four sales for 24 FROSTERLEY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 24 FROSTERLEY DRIVE 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
2020 24 JUL	£254,000	£168,756	51% above HPI
2015 7 JUL	£280,000	£161,714	73% above HPI
2005 16 JUN	£265,000	£166,772	59% above HPI
2002 2 OCT	£179,950	£98,064	84% above HPI

24 FROSTERLEY DRIVE 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 four 24 FROSTERLEY DRIVE sales between October 2002 and July 2020 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 July 2015 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the July 2020 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 24 FROSTERLEY DRIVE?

24 FROSTERLEY DRIVE is 148m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 20% of detached houses in Great Lumley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Lumley, and where 24 FROSTERLEY DRIVE lies on this distribution: 84% of detached houses are smaller than 24 FROSTERLEY DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

24 FROSTERLEY DRIVE: Plot and Title Map

24 FROSTERLEY DRIVE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 24 FROSTERLEY DRIVE, 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 24 FROSTERLEY DRIVE). 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 24 FROSTERLEY DRIVE?

24 FROSTERLEY DRIVE is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 24 on FROSTERLEY DRIVE.