PELAW RISE, LEAZES ROAD, DURHAM, DH1 1TS - £650,000

PELAW RISE is a very large extended detached house of 198m², built sometime between 1967 and 1975. It was last sold for £650,000 in December 2014, which was around 322% above the average December 2014 detached price in the County Durham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

PELAW RISE Sold Prices

Land registry data shows two sales for PELAW RISE 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 PELAW RISE 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
2014 3 DEC	£650,000	£153,863	322% above HPI
2001 27 SEP	£325,000	£86,082	278% above HPI

PELAW RISE 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 PELAW RISE sales from September 2001 and December 2014 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 September 2001 sale was for 278% above the HPI. So the extrapolation line tracks at 278% above the HPI over time, until the December 2014 sale, where it rises to 322% above the HPI. The line then continues to track at 322% above the HPI.

How Large is PELAW RISE?

PELAW RISE is 198m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where PELAW RISE lies on this distribution: 87% of detached houses are smaller than PELAW RISE, and 13% of houses are larger. Note that EPC data is not available for all properties in Durham.

PELAW RISE: Plot and Title Map

PELAW RISE sits on a plot of roughly 0.243 of an acre, or 983m². The below map shows the location of PELAW RISE, 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 PELAW RISE). 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 PELAW RISE?

PELAW RISE is located on LEAZES ROAD in DURHAM, in the DH1 postcode district. The below map shows the position of PELAW RISE on LEAZES ROAD.