Plot 2, The Pastures, Lanchester, Durham, DH7 0BT
North East
£280,000
Listed on 10/09/2026
Listed on 10/09/2026
The listing
Property details
Bedrooms
5Type
PlotDescription
The final plot in a 14-home self-build development in Lanchester is offered with outline planning permission for a two-storey, five-bedroom house. A full planning application has also been submitted, but its outcome should be confirmed before proceeding. The proposed design includes two reception rooms, four bathrooms and an integral double garage. The plot is approximately 6,684 sq ft, with a mature tree belt along the rear boundary. The listing describes local shops, schools and recreational facilities in the village, with Durham around a 15-minute drive away. Buyers should verify the planning position, approved drawings, services, plot boundaries and any development conditions with their advisers. The images include computer-generated illustrations, and the finished design and specification may differ.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
65out of 100
Grade CPotential opportunity
Confidence: LOW
At £280,000, the plot is priced exceptionally cheaply against the local average on a £/sqf basis, making the asking price a clear acquisition opportunity. The main appeal is the chance to build a bespoke five-bedroom home in a small self-build development in Lanchester, with outline permission in place and a full application submitted. The mature tree belt along the rear boundary adds a useful privacy and landscaping feature.
The CGI images illustrate a proposed design rather than the plot’s current condition or the finished specification. This is a build project rather than a renovation, so verify the planning position, conditions and feasibility before committing.
Key opportunities
- Acquire the plot at an asking price that is exceptionally cheap against the local £/sqf average.
- Create a bespoke five-bedroom home using the outline-approved design, with a full application submitted.
- Make use of the mature rear tree belt as a natural privacy screen and backdrop for landscaping.
Key risks
- Confirm the planning application’s outcome, any consent conditions and the practical feasibility of the proposed scheme.
- The CGI images are illustrative only and do not confirm the plot’s current condition or the completed home’s specification.
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Transport
Nearest stations
Durham Rail Station
7.0 miles
Train · Durham
Chester-le-Street Rail Station
7.2 miles
Train · Chester-le-Street
Wolsingham Rail Station
8.4 miles
Train · Wolsingham
Dunston Rail Station
10.1 miles
Train · Dunston
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,144
Based on a loan of £210,000 over 30 years at 5.13% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
This calculation uses non-residential (land/commercial) tax rates.
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