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
6 WELLGARTH MEWS is a very small detached house of 60m², built sometime between 1996 and 2002. It was last sold for £110,000 in November 2023, which was around 48% below the average November 2023 detached price in the County Durham local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 6 WELLGARTH MEWS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 6 WELLGARTH MEWS 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 |
---|---|---|---|
2023 17 NOV | £110,000 | £209,977 | 48% below HPI |
2020 19 JUN | £70,000 | £165,064 | 58% below HPI |
2004 8 MAR | £97,500 | £128,220 | 24% below HPI |
2002 11 JAN | £69,995 | £85,661 | 18% below HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The four 6 WELLGARTH MEWS sales between January 2002 and November 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 2020 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the November 2023 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.
6 WELLGARTH MEWS is 60m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses in Sedgefield, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgefield, and where 6 WELLGARTH MEWS lies on this distribution: 1% of detached houses are smaller than 6 WELLGARTH MEWS, and 99% of houses are larger. Note that EPC data is not available for all properties in Sedgefield.
6 WELLGARTH MEWS sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 6 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 6 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.
6 WELLGARTH MEWS is located in SEDGEFIELD, in the TS21 postcode district. The below map shows the position of No. 6 on WELLGARTH MEWS.