1, WESLEY LEA, CONSETT, DH8 9QX - £175,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 WESLEY LEA is a midsized extended detached house of 115m², built sometime from 2007 onwards. It was last sold for £175,000 in May 2019, which was around 3% above the average May 2019 detached price in the County Durham local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

1 WESLEY LEA Sold Prices

Land registry data shows two sales for 1 WESLEY LEA 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 1 WESLEY LEA 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
2019 17 MAY	£175,000	£169,577	3% above HPI
2011 11 JUL	£175,000	£166,561	5% above HPI

1 WESLEY LEA 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 1 WESLEY LEA sales from July 2011 and May 2019 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 2011 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2019 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 1 WESLEY LEA?

1 WESLEY LEA is 115m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 50% of detached houses in Castleside, based on EPC data. The below chart shows the distribution of detached houses by size in Castleside, and where 1 WESLEY LEA lies on this distribution: 50% of detached houses are smaller than 1 WESLEY LEA, and 50% of houses are larger. Note that EPC data is not available for all properties in Castleside.

1 WESLEY LEA: Plot and Title Map

1 WESLEY LEA sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 1 WESLEY LEA, 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 WESLEY LEA). 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 WESLEY LEA?

1 WESLEY LEA is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 1 on WESLEY LEA.