2, WESLEY LEA, CONSETT, DH8 9QX - £230,000

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

2 WESLEY LEA is a very small detached house of 94m², built sometime from 2007 onwards. It was last sold for £230,000 in March 2022, which was around 17% above the average March 2022 detached price in the County Durham local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

2 WESLEY LEA Sold Prices

Land registry data shows four sales for 2 WESLEY LEA 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. Most of the four 2 WESLEY LEA 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
2022 14 MAR	£230,000	£197,355	17% above HPI
2020 26 JUN	£195,000	£165,064	18% above HPI
2014 3 APR	£165,000	£149,605	10% above HPI
2010 5 OCT	£170,000	£175,060	3% below HPI

2 WESLEY LEA 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 WESLEY LEA sales between October 2010 and March 2022 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 June 2020 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2022 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 2 WESLEY LEA?

2 WESLEY LEA is 94m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% of detached houses in Castleside, based on EPC data. The below chart shows the distribution of detached houses by size in Castleside, and where 2 WESLEY LEA lies on this distribution: 16% of detached houses are smaller than 2 WESLEY LEA, and 82% of houses are larger. Note that EPC data is not available for all properties in Castleside.

2 WESLEY LEA: Plot and Title Map

2 WESLEY LEA sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 2 WESLEY LEA, 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 WESLEY LEA). 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 WESLEY LEA?

2 WESLEY LEA is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 2 on WESLEY LEA.