17, REDMIRES CLOSE, OUSTON, CHESTER LE STREET, DH2 1SB - £187,550

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

17 REDMIRES CLOSE is a very small detached house of 81m², built sometime between 1976 and 1982. It was last sold for £187,550 in March 2018, which was around 16% above the average March 2018 detached price in the County Durham local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

17 REDMIRES CLOSE Sold Prices

Land registry data shows two sales for 17 REDMIRES 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 17 REDMIRES 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
2018 9 MAR	£187,550	£161,955	16% above HPI
2002 4 DEC	£119,950	£101,980	18% above HPI

17 REDMIRES 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 17 REDMIRES CLOSE sales from December 2002 and March 2018 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 2002 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2018 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 17 REDMIRES CLOSE?

17 REDMIRES CLOSE is 81m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses in Urpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Urpeth, and where 17 REDMIRES CLOSE lies on this distribution: 6% of detached houses are smaller than 17 REDMIRES CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Urpeth.

17 REDMIRES CLOSE: Plot and Title Map

17 REDMIRES CLOSE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 17 REDMIRES 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 17 REDMIRES 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 17 REDMIRES CLOSE?

17 REDMIRES CLOSE is located in OUSTON, in the DH2 postcode district. The below map shows the position of No. 17 on REDMIRES CLOSE.