1, NENTHEAD CLOSE, GREAT LUMLEY, CHESTER LE STREET, DH3 4SP - £239,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 NENTHEAD CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £239,950 in August 2023, which was around 15% above the average August 2023 detached price in the County Durham local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

1 NENTHEAD CLOSE Sold Prices

Land registry data shows three sales for 1 NENTHEAD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Two of the three 1 NENTHEAD CLOSE 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
2023 4 AUG	£239,950	£208,247	15% above HPI
2017 28 APR	£165,000	£159,548	3% above HPI
2001 22 OCT	£74,000	£87,030	15% below HPI

1 NENTHEAD CLOSE 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 three 1 NENTHEAD CLOSE sales between October 2001 and August 2023 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 April 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2023 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 1 NENTHEAD CLOSE?

1 NENTHEAD CLOSE is 58m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses in Great Lumley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Lumley, and where 1 NENTHEAD CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 1 NENTHEAD CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

1 NENTHEAD CLOSE: Plot and Title Map

1 NENTHEAD CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 1 NENTHEAD CLOSE, 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 1 NENTHEAD CLOSE). 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 1 NENTHEAD CLOSE?

1 NENTHEAD CLOSE is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 1 on NENTHEAD CLOSE.