2, MICKLETON CLOSE, GREAT LUMLEY, CHESTER LE STREET, DH3 4SN - £236,000

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

2 MICKLETON CLOSE is a midsized detached house of 104m², built sometime between 1991 and 1995. It was last sold for £236,000 in November 2016, which was around 45% above the average November 2016 detached price in the County Durham local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

2 MICKLETON CLOSE Sold Prices

Land registry data shows four sales for 2 MICKLETON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 2 MICKLETON 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
2016 4 NOV	£236,000	£163,106	45% above HPI
2011 12 JUL	£204,000	£166,561	22% above HPI
2002 14 JUN	£129,500	£91,276	42% above HPI
1998 10 JUL	£83,000	£72,344	15% above HPI

2 MICKLETON 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 four 2 MICKLETON CLOSE sales between July 1998 and November 2016 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 July 2011 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2016 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 2 MICKLETON CLOSE?

2 MICKLETON CLOSE is 104m² according to the EPC inspection conducted in February 2022. 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 2 MICKLETON CLOSE lies on this distribution: 45% of detached houses are smaller than 2 MICKLETON CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

2 MICKLETON CLOSE: Plot and Title Map

2 MICKLETON CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 2 MICKLETON 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 2 MICKLETON 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 2 MICKLETON CLOSE?

2 MICKLETON CLOSE is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 2 on MICKLETON CLOSE.