16, NORWICH CLOSE, GREAT LUMLEY, CHESTER LE STREET, DH3 4QL - £210,000

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 NORWICH CLOSE is a midsized extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £210,000 in December 2020, which was around 16% above the average December 2020 detached price in the County Durham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

16 NORWICH CLOSE Sold Prices

Land registry data shows two sales for 16 NORWICH 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. Both of the two 16 NORWICH 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 17 DEC	£210,000	£181,572	16% above HPI
2017 20 OCT	£184,950	£169,518	9% above HPI

16 NORWICH 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 16 NORWICH CLOSE sales from October 2017 and December 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 October 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2020 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 16 NORWICH CLOSE?

16 NORWICH CLOSE is 100m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% 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 NORWICH CLOSE lies on this distribution: 41% of detached houses are smaller than 16 NORWICH CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

16 NORWICH CLOSE: Plot and Title Map

16 NORWICH CLOSE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 16 NORWICH 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 16 NORWICH 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 16 NORWICH CLOSE?

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