22, NENTHEAD CLOSE, GREAT LUMLEY, CHESTER LE STREET, DH3 4SP - £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

22 NENTHEAD CLOSE is a very small extended detached house of 86m², built sometime between 1976 and 1982. It was last sold for £210,000 in October 2022, which was around 3% below the average October 2022 detached price in the County Durham local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

22 NENTHEAD CLOSE Sold Prices

Land registry data shows three sales for 22 NENTHEAD CLOSE 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. One of the three 22 NENTHEAD CLOSE sales was for below the average price, whilst two 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 26 OCT	£210,000	£216,216	3% below HPI
2002 3 MAY	£99,950	£89,614	12% above HPI
1996 17 MAY	£72,500	£67,177	8% above HPI

22 NENTHEAD 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 three 22 NENTHEAD CLOSE sales between May 1996 and October 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 May 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 22 NENTHEAD CLOSE?

22 NENTHEAD CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 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 22 NENTHEAD CLOSE lies on this distribution: 14% of detached houses are smaller than 22 NENTHEAD CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

22 NENTHEAD CLOSE: Plot and Title Map

22 NENTHEAD CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 22 NENTHEAD 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 22 NENTHEAD 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 22 NENTHEAD CLOSE?

22 NENTHEAD CLOSE is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 22 on NENTHEAD CLOSE.