8, NENTHEAD CLOSE, GREAT LUMLEY, CHESTER LE STREET, DH3 4SP - £277,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 NENTHEAD CLOSE is a large detached house of 142m², built sometime between 1991 and 1995, which could now be worth an estimated £364,183. It was last sold for £277,500 in October 2010, which was around 54% above the average October 2010 detached price in the County Durham local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

8 NENTHEAD CLOSE Sold Prices

Land registry data shows two sales for 8 NENTHEAD 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. Both of the two 8 NENTHEAD 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
2010 15 OCT	£277,500	£179,952	54% above HPI
1999 14 APR	£129,000	£73,093	76% above HPI

8 NENTHEAD 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 8 NENTHEAD CLOSE sales from April 1999 and October 2010 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 April 1999 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the October 2010 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 8 NENTHEAD CLOSE be worth now?

8 NENTHEAD CLOSE might now be worth an estimated £364,183.

This is based on house price inflation of 31.2%, between October 2010 and February 2025, 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 31.2% inflationary increase is applied to the most recent sale price for 8 NENTHEAD CLOSE of £277,500 on 15th October 2010. For the value to have increased from £277,500 to £364,183 over the fifteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 NENTHEAD CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2010 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 8 NENTHEAD CLOSE has not materially changed since October 2010.

How Large is 8 NENTHEAD CLOSE?

8 NENTHEAD CLOSE is 142m² according to the EPC inspection conducted in May 2010. This puts it in the largest 30% 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 8 NENTHEAD CLOSE lies on this distribution: 78% of detached houses houses are smaller than 8 NENTHEAD CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

8 NENTHEAD CLOSE: Plot and Title Map

8 NENTHEAD CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 8 NENTHEAD 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 8 NENTHEAD 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 8 NENTHEAD CLOSE?

8 NENTHEAD CLOSE is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 8 on NENTHEAD CLOSE.