4, PENHILL CLOSE, OUSTON, CHESTER LE STREET, DH2 1SF - £195,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 PENHILL CLOSE is a very large extended semi-detached house of 158m², built sometime between 1976 and 1982, which could now be worth an estimated £279,031. It was last sold for £195,000 in May 2012, which was around 105% above the average May 2012 semi-detached price in the County Durham local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

4 PENHILL CLOSE Sold Prices

Land registry data shows two sales for 4 PENHILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two 4 PENHILL 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
2012 4 MAY	£195,000	£95,155	105% above HPI
1999 13 AUG	£77,000	£42,652	81% above HPI

4 PENHILL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The two 4 PENHILL CLOSE sales from August 1999 and May 2012 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 1999 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the May 2012 sale, where it rises to 105% above the HPI. The line then continues to track at 105% above the HPI.

What might 4 PENHILL CLOSE be worth now?

4 PENHILL CLOSE might now be worth an estimated £279,031.

This is based on house price inflation of 43.1%, between May 2012 and February 2025, for semi-detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.1% inflationary increase is applied to the most recent sale price for 4 PENHILL CLOSE of £195,000 on 4th May 2012. For the value to have increased from £195,000 to £279,031 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 4 PENHILL CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The May 2012 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PENHILL CLOSE has not materially changed since May 2012.

How Large is 4 PENHILL CLOSE?

4 PENHILL CLOSE is 158m², which includes two extensions, according to the EPC inspection conducted in June 2011. This puts it in the largest 10% of semi-detached houses houses in Urpeth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Urpeth, and where 4 PENHILL CLOSE lies on this distribution: 91% of semi-detached houses houses are smaller than 4 PENHILL CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Urpeth.

4 PENHILL CLOSE: Plot and Title Map

4 PENHILL CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 4 PENHILL 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 PENHILL 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 4 PENHILL CLOSE?

4 PENHILL CLOSE is located in OUSTON, in the DH2 postcode district. The below map shows the position of No. 4 on PENHILL CLOSE.