14, OUSE CRESCENT, GREAT LUMLEY, CHESTER LE STREET, DH3 4LB - £110,000

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

14 OUSE CRESCENT is a very small detached house of 61m², built sometime between 1930 and 1949. It was last sold for £110,000 in April 2012, which was around 33% below the average April 2012 detached price in the County Durham local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

14 OUSE CRESCENT Sold Prices

Land registry data shows three sales for 14 OUSE CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 14 OUSE CRESCENT sales were 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
2012 2 APR	£110,000	£163,527	33% below HPI
2010 1 APR	£102,000	£174,705	42% below HPI
2006 17 FEB	£100,000	£181,297	45% below HPI

14 OUSE CRESCENT 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 three 14 OUSE CRESCENT sales between February 2006 and April 2012 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 2010 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the April 2012 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 14 OUSE CRESCENT be worth now?

14 OUSE CRESCENT might now be worth an estimated £157,796.

This is based on house price inflation of 43.5%, between April 2012 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 43.5% inflationary increase is applied to the most recent sale price for 14 OUSE CRESCENT of £110,000 on 2nd April 2012. For the value to have increased from £110,000 to £157,796 over the eleven years and four months to December 2024, the following assumptions must hold true:

• The value of 14 OUSE CRESCENT has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2012 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 14 OUSE CRESCENT has not materially changed since April 2012.

How Large is 14 OUSE CRESCENT?

14 OUSE CRESCENT is 61m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% 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 14 OUSE CRESCENT lies on this distribution: 2% of detached houses houses are smaller than 14 OUSE CRESCENT, and 98% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

14 OUSE CRESCENT: Plot and Title Map

14 OUSE CRESCENT sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 14 OUSE CRESCENT, 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 14 OUSE CRESCENT). 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 14 OUSE CRESCENT?

14 OUSE CRESCENT is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 14 on OUSE CRESCENT.