56, DEANERY VIEW, LANCHESTER, DURHAM, DH7 0NJ - £144,000

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.

56 DEANERY VIEW is a very small terraced house of 69m², built sometime between 1950 and 1966, which could now be worth an estimated £161,631. It was last sold for £144,000 in October 2021, which was around 46% above the average October 2021 terraced price in the County Durham local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

56 DEANERY VIEW Sold Prices

Land registry data shows three sales for 56 DEANERY VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Two of the three 56 DEANERY VIEW sales were for above the average price, whilst one was for below 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
2021 15 OCT	£144,000	£98,546	46% above HPI
2020 24 MAR	£122,500	£78,503	56% above HPI
2019 28 MAR	£75,000	£76,122	1% below HPI

56 DEANERY VIEW Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The three 56 DEANERY VIEW sales between March 2019 and October 2021 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 March 2020 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the October 2021 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 56 DEANERY VIEW be worth now?

56 DEANERY VIEW might now be worth an estimated £161,631.

This is based on house price inflation of 12.2%, between October 2021 and June 2025, for terraced 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 12.2% inflationary increase is applied to the most recent sale price for 56 DEANERY VIEW of £144,000 on 15th October 2021. For the value to have increased from £144,000 to £161,631 over the four years and four months to June 2025, the following assumptions must hold true:

• The value of 56 DEANERY VIEW has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The October 2021 sale price of £144,000 represented a fair market value for the property.
• The size, condition, and specification of 56 DEANERY VIEW has not materially changed since October 2021.

How Large is 56 DEANERY VIEW?

56 DEANERY VIEW is 69m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of terraced houses houses in Lanchester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lanchester, and where 56 DEANERY VIEW lies on this distribution: 4% of terraced houses houses are smaller than 56 DEANERY VIEW, and 96% of houses are larger. Note that EPC data is not available for all properties in Lanchester.

56 DEANERY VIEW: Plot and Title Map

56 DEANERY VIEW sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 56 DEANERY VIEW, 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 56 DEANERY VIEW). 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 56 DEANERY VIEW?

56 DEANERY VIEW is located in LANCHESTER, in the DH7 postcode district. The below map shows the position of No. 56 on DEANERY VIEW.