10, TYNE CLOSE, GREAT LUMLEY, CHESTER LE STREET, DH3 4DP - £179,995

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.

10 TYNE CLOSE is a very small semi-detached house of 73m², which could now be worth an estimated £241,008. It was last sold for £179,995 in October 2020, which was around 75% above the average October 2020 semi-detached price in the County Durham local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

10 TYNE CLOSE Sold Prices

Land registry data shows two sales for 10 TYNE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two 10 TYNE CLOSE 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
2020 16 OCT	£179,995	£103,083	75% above HPI
2018 5 SEP	£2,970,000	£102,411	2800% above HPI

10 TYNE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The two 10 TYNE CLOSE sales from September 2018 and October 2020 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 September 2018 sale was for 2800% above the HPI. So the extrapolation line tracks at 2800% above the HPI over time, until the October 2020 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might 10 TYNE CLOSE be worth now?

10 TYNE CLOSE might now be worth an estimated £241,008.

This is based on house price inflation of 33.9%, between October 2020 and March 2025, for semi-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 33.9% inflationary increase is applied to the most recent sale price for 10 TYNE CLOSE of £179,995 on 16th October 2020. For the value to have increased from £179,995 to £241,008 over the five years and seven months to March 2025, the following assumptions must hold true:

• The value of 10 TYNE CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The October 2020 sale price of £179,995 represented a fair market value for the property.
• The size, condition, and specification of 10 TYNE CLOSE has not materially changed since October 2020.

How Large is 10 TYNE CLOSE?

10 TYNE CLOSE is 73m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of semi-detached houses houses in Great Lumley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Great Lumley, and where 10 TYNE CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 10 TYNE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

10 TYNE CLOSE: Plot and Title Map

10 TYNE CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 10 TYNE 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 10 TYNE 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 10 TYNE CLOSE?

10 TYNE CLOSE is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 10 on TYNE CLOSE.