NEWLANDS, WHITESMOCKS, DURHAM, DH1 4LQ - £350,000

NEWLANDS is a midsized extended detached house of 121m², built sometime between 1930 and 1949. It was last sold for £350,000 in May 2017, which was around 118% above the average May 2017 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 C.

NEWLANDS Sold Prices

Land registry data shows two sales for NEWLANDS 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 NEWLANDS 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 19 MAY	£350,000	£160,536	118% above HPI
2013 23 JUL	£320,000	£159,551	101% above HPI

NEWLANDS 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 NEWLANDS sales from July 2013 and May 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 July 2013 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the May 2017 sale, where it rises to 118% above the HPI. The line then continues to track at 118% above the HPI.

How Large is NEWLANDS?

NEWLANDS is 121m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where NEWLANDS lies on this distribution: 42% of detached houses are smaller than NEWLANDS, and 58% of houses are larger. Note that EPC data is not available for all properties in Durham.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on WHITESMOCKS in DURHAM, in the DH1 postcode district. The below map shows the position of NEWLANDS on WHITESMOCKS.