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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 WESLEY LEA is a midsized extended detached house of 115m², built sometime from 2007 onwards, which could now be worth an estimated £235,501. It was last sold for £175,000 in May 2019, which was about 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. One of the two 1 WESLEY LEA sales was roughly equal to the average price, whilst the other was 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	£174,316	Close to HPI
2011 11 JUL	£175,000	£171,215	2% 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 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 1 WESLEY LEA be worth now?

1 WESLEY LEA might now be worth an estimated £235,501.

This is based on house price inflation of 34.6%, between May 2019 and December 2024, for 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 34.6% inflationary increase is applied to the most recent sale price for 1 WESLEY LEA of £175,000 on 17th May 2019. For the value to have increased from £175,000 to £235,501 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 1 WESLEY LEA has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2019 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WESLEY LEA has not materially changed since May 2019.

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 houses in Castleside, based on EPC data. The below chart shows the distribution of detached houses houses by size in Castleside, and where 1 WESLEY LEA lies on this distribution: 50% of detached houses 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.