12, WESLEY LEA, CONSETT, DH8 9QX - £162,000

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.

12 WESLEY LEA is a very small extended semi-detached house of 86m², built sometime between 2007 and 2011, which could now be worth an estimated £175,116. It was last sold for £162,000 in August 2022, which was around 29% above the average August 2022 semi-detached price in the County Durham local authority area. The most recent EPC inspection was July 2022, where the current energy rating was B, and the potential energy rating was B.

12 WESLEY LEA Sold Prices

Land registry data shows two sales for 12 WESLEY LEA 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 12 WESLEY LEA 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
2022 31 AUG	£162,000	£125,962	29% above HPI
2009 18 DEC	£112,500	£104,459	8% above HPI

12 WESLEY LEA 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 12 WESLEY LEA sales from December 2009 and August 2022 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 December 2009 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 12 WESLEY LEA be worth now?

12 WESLEY LEA might now be worth an estimated £175,116.

This is based on house price inflation of 8.1%, between August 2022 and February 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 8.1% inflationary increase is applied to the most recent sale price for 12 WESLEY LEA of £162,000 on 31st August 2022. For the value to have increased from £162,000 to £175,116 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 12 WESLEY LEA has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The August 2022 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WESLEY LEA has not materially changed since August 2022.

How Large is 12 WESLEY LEA?

12 WESLEY LEA is 86m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of semi-detached houses houses in Castleside, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Castleside, and where 12 WESLEY LEA lies on this distribution: 9% of semi-detached houses houses are smaller than 12 WESLEY LEA, and 91% of houses are larger. Note that EPC data is not available for all properties in Castleside.

12 WESLEY LEA: Plot and Title Map

12 WESLEY LEA sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 12 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 12 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 12 WESLEY LEA?

12 WESLEY LEA is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 12 on WESLEY LEA.