1, WOLSEY CLOSE, BOWBURN, DURHAM, DH6 5EZ - £173,000

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 WOLSEY CLOSE is a small extended detached house of 95m², built sometime between 1991 and 1995. It was last sold for £173,000 in July 2019, which was around 3% above the average July 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 WOLSEY CLOSE Sold Prices

Land registry data shows two sales for 1 WOLSEY CLOSE 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 WOLSEY CLOSE sales was for above the average price, whilst the other 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
2019 19 JUL	£173,000	£168,728	3% above HPI
1998 24 JUL	£65,000	£72,344	10% below HPI

1 WOLSEY 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 two 1 WOLSEY CLOSE sales from July 1998 and July 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 1998 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2019 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 1 WOLSEY CLOSE?

1 WOLSEY CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of detached houses in Bowburn, based on EPC data. The below chart shows the distribution of detached houses by size in Bowburn, and where 1 WOLSEY CLOSE lies on this distribution: 33% of detached houses are smaller than 1 WOLSEY CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Bowburn.

1 WOLSEY CLOSE: Plot and Title Map

1 WOLSEY CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 1 WOLSEY 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 WOLSEY 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 WOLSEY CLOSE?

1 WOLSEY CLOSE is located in BOWBURN, in the DH6 postcode district. The below map shows the position of No. 1 on WOLSEY CLOSE.