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

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

4 PENHILL CLOSE is a very large extended semi-detached house of 158m², built sometime between 1976 and 1982. It was last sold for £195,000 in May 2012, which was around 22% above the average May 2012 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 detached price in the County Durham local authority area for the corresponding sale date. One of the two 4 PENHILL CLOSE sales was for above the average price, whilst the other was roughly equal to 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	£159,981	22% above HPI
1999 13 AUG	£77,000	£77,237	Close to HPI

4 PENHILL 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 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2012 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

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 detached houses in Urpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Urpeth, and where 4 PENHILL CLOSE lies on this distribution: 91% of detached 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.