5, WEAR CRESCENT, GREAT LUMLEY, CHESTER LE STREET, DH3 4JZ - £94,999

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

5 WEAR CRESCENT is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £94,999 in March 2014, which was around 37% below the average March 2014 detached price in the County Durham local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

5 WEAR CRESCENT Sold Prices

Land registry data shows three sales for 5 WEAR CRESCENT 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. All of the three 5 WEAR CRESCENT sales were for below 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
2014 10 MAR	£94,999	£151,481	37% below HPI
2010 18 MAR	£90,000	£174,528	48% below HPI
2003 2 MAY	£60,000	£113,699	47% below HPI

5 WEAR CRESCENT 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 5 WEAR CRESCENT sales between May 2003 and March 2014 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 March 2010 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2014 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 5 WEAR CRESCENT be worth now?

5 WEAR CRESCENT might now be worth an estimated £147,114.

This is based on house price inflation of 54.9%, between March 2014 and December 2024, for 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 54.9% inflationary increase is applied to the most recent sale price for 5 WEAR CRESCENT of £94,999 on 10th March 2014. For the value to have increased from £94,999 to £147,114 over the nine years and three months to December 2024, the following assumptions must hold true:

• The value of 5 WEAR CRESCENT has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2014 sale price of £94,999 represented a fair market value for the property.
• The size, condition, and specification of 5 WEAR CRESCENT has not materially changed since March 2014.

How Large is 5 WEAR CRESCENT?

5 WEAR CRESCENT is 61m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses houses in Great Lumley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Lumley, and where 5 WEAR CRESCENT lies on this distribution: 1% of detached houses houses are smaller than 5 WEAR CRESCENT, and 99% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

5 WEAR CRESCENT: Plot and Title Map

5 WEAR CRESCENT sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 5 WEAR CRESCENT, 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 5 WEAR CRESCENT). 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 5 WEAR CRESCENT?

5 WEAR CRESCENT is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 5 on WEAR CRESCENT.