3, MOUNT PARK DRIVE, LANCHESTER, DURHAM, DH7 0PH - £180,000

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.

3 MOUNT PARK DRIVE is a small semi-detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £253,954. It was last sold for £180,000 in June 2018, which was around 84% above the average June 2018 semi-detached price in the County Durham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

3 MOUNT PARK DRIVE Sold Prices

Land registry data shows one sale for 3 MOUNT PARK DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 22 JUN	£180,000	£97,803	84% above HPI

What might 3 MOUNT PARK DRIVE be worth now?

3 MOUNT PARK DRIVE might now be worth an estimated £253,954.

This is based on house price inflation of 41.1%, between June 2018 and May 2026, for semi-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 41.1% inflationary increase is applied to the most recent sale price for 3 MOUNT PARK DRIVE of £180,000 on 22nd June 2018. For the value to have increased from £180,000 to £253,954 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 3 MOUNT PARK DRIVE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The June 2018 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MOUNT PARK DRIVE has not materially changed since June 2018.

How Large is 3 MOUNT PARK DRIVE?

3 MOUNT PARK DRIVE is 78m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of semi-detached houses in Lanchester, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Lanchester, and where 3 MOUNT PARK DRIVE lies on this distribution: 30% of semi-detached houses are smaller than 3 MOUNT PARK DRIVE, and 69% of semi-detached houses are larger. Note that EPC data is not available for all properties in Lanchester.

3 MOUNT PARK DRIVE: Plot

3 MOUNT PARK DRIVE sits on a plot of roughly 0.053 of an acre, or 216m².

Where is 3 MOUNT PARK DRIVE?

3 MOUNT PARK DRIVE is located in LANCHESTER, in the DH7 postcode district.