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
4 CHEPSTOW CLOSE is a very large detached house of 197m², built sometime between 1983 and 1990. It was last sold for £425,000 in February 2023, which was around 101% above the average February 2023 detached price in the County Durham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 4 CHEPSTOW CLOSE since 1st 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 4 CHEPSTOW 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 |
---|---|---|---|
2023 3 FEB | £425,000 | £210,964 | 101% above HPI |
2001 8 JUN | £157,000 | £81,054 | 94% 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 two 4 CHEPSTOW CLOSE sales from June 2001 and February 2023 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 2001 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the February 2023 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.
4 CHEPSTOW CLOSE is 197m² according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in Consett, based on EPC data. The below chart shows the distribution of detached houses by size in Consett, and where 4 CHEPSTOW CLOSE lies on this distribution: 97% of detached houses are smaller than 4 CHEPSTOW CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Consett.
4 CHEPSTOW CLOSE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 4 CHEPSTOW 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 4 CHEPSTOW 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.
4 CHEPSTOW CLOSE is located in CONSETT, in the DH8 postcode district. The below map shows the position of No. 4 on CHEPSTOW CLOSE.