16, MELBECK COURT, GREAT LUMLEY, CHESTER LE STREET, DH3 4GW - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 MELBECK COURT is a very large semi-detached house of 145m², built sometime between 2003 and 2006. It was last sold for £175,000 in October 2019, which was around 2% above the average October 2019 detached price in the County Durham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

16 MELBECK COURT Sold Prices

Land registry data shows three sales for 16 MELBECK COURT 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 16 MELBECK COURT 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
2019 11 OCT	£175,000	£171,397	2% above HPI
2014 4 APR	£169,000	£149,605	13% above HPI
2006 12 MAY	£203,000	£175,923	15% above HPI

16 MELBECK COURT 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 16 MELBECK COURT sales between May 2006 and October 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 April 2014 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 16 MELBECK COURT?

16 MELBECK COURT is 145m² according to the EPC inspection conducted in February 2019. This puts it in the largest 20% of detached houses in Great Lumley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Lumley, and where 16 MELBECK COURT lies on this distribution: 81% of detached houses are smaller than 16 MELBECK COURT, and 19% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

16 MELBECK COURT: Plot and Title Map

16 MELBECK COURT sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of 16 MELBECK COURT, 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 16 MELBECK COURT). 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 16 MELBECK COURT?

16 MELBECK COURT is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 16 on MELBECK COURT.