12, CANTERBURY CLOSE, GREAT LUMLEY, CHESTER LE STREET, DH3 4LG - £193,000

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

12 CANTERBURY CLOSE is a large extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £193,000 in September 2017, which was around 10% above the average September 2017 detached price in the County Durham local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

12 CANTERBURY CLOSE Sold Prices

Land registry data shows two sales for 12 CANTERBURY 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 12 CANTERBURY 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
2017 22 SEP	£193,000	£175,601	10% above HPI
2005 8 APR	£160,000	£168,204	5% below HPI

12 CANTERBURY 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 12 CANTERBURY CLOSE sales from April 2005 and September 2017 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 April 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2017 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 12 CANTERBURY CLOSE be worth now?

12 CANTERBURY CLOSE might now be worth an estimated £257,824.

This is based on house price inflation of 33.6%, between September 2017 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 33.6% inflationary increase is applied to the most recent sale price for 12 CANTERBURY CLOSE of £193,000 on 22nd September 2017. For the value to have increased from £193,000 to £257,824 over the six years and nine months to December 2024, the following assumptions must hold true:

• The value of 12 CANTERBURY CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2017 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CANTERBURY CLOSE has not materially changed since September 2017.

How Large is 12 CANTERBURY CLOSE?

12 CANTERBURY CLOSE is 129m², which includes four extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 40% of detached houses houses in Great Lumley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Lumley, and where 12 CANTERBURY CLOSE lies on this distribution: 69% of detached houses houses are smaller than 12 CANTERBURY CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

12 CANTERBURY CLOSE: Plot and Title Map

12 CANTERBURY CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 12 CANTERBURY 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 12 CANTERBURY 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 12 CANTERBURY CLOSE?

12 CANTERBURY CLOSE is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 12 on CANTERBURY CLOSE.