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
32 WELLGARTH MEWS is a small extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £352,000 in June 2021, which was around 82% above the average June 2021 detached price in the County Durham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 32 WELLGARTH MEWS since 1st 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. All of the three 32 WELLGARTH MEWS 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 |
---|---|---|---|
2021 8 JUN | £352,000 | £193,890 | 82% above HPI |
2012 30 AUG | £273,000 | £160,988 | 70% above HPI |
2002 21 JUN | £159,995 | £91,276 | 75% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 32 WELLGARTH MEWS sales between June 2002 and June 2021 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 August 2012 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the June 2021 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.
32 WELLGARTH MEWS is 119m², which includes two extensions, according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses in Sedgefield, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgefield, and where 32 WELLGARTH MEWS lies on this distribution: 38% of detached houses are smaller than 32 WELLGARTH MEWS, and 62% of houses are larger. Note that EPC data is not available for all properties in Sedgefield.
32 WELLGARTH MEWS sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 32 WELLGARTH MEWS, 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 32 WELLGARTH MEWS). 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.
32 WELLGARTH MEWS is located in SEDGEFIELD, in the TS21 postcode district. The below map shows the position of No. 32 on WELLGARTH MEWS.