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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 WOLSEY CLOSE is a small extended detached house of 95m², built sometime between 1991 and 1995, which could now be worth an estimated £235,559. It was last sold for £173,000 in July 2019, which was about 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 roughly equal to 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	£173,444	Close to HPI
1998 24 JUL	£65,000	£74,366	13% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 1 WOLSEY CLOSE be worth now?

1 WOLSEY CLOSE might now be worth an estimated £235,559.

This is based on house price inflation of 36.2%, between July 2019 and February 2025, 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 36.2% inflationary increase is applied to the most recent sale price for 1 WOLSEY CLOSE of £173,000 on 19th July 2019. For the value to have increased from £173,000 to £235,559 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 1 WOLSEY CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2019 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WOLSEY CLOSE has not materially changed since July 2019.

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 houses in Bowburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bowburn, and where 1 WOLSEY CLOSE lies on this distribution: 34% of detached houses 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.