THE HAVEN, WELLFIELD ROAD SOUTH, WINGATE, TS28 5JX - £174,000

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

THE HAVEN is a midsized extended detached house of 108m², built sometime between 1930 and 1949. It was last sold for £174,000 in February 2011, which was around 7% above the average February 2011 detached price in the County Durham local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

THE HAVEN Sold Prices

Land registry data shows three sales for THE HAVEN 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. Two of the three THE HAVEN sales were for above the average price, whilst one was 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
2011 1 FEB	£174,000	£163,279	7% above HPI
2006 1 SEP	£167,500	£181,658	8% below HPI
1998 27 MAR	£79,250	£70,863	12% above HPI

THE HAVEN 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 THE HAVEN sales between March 1998 and February 2011 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 September 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2011 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is THE HAVEN?

THE HAVEN is 108m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 50% of detached houses in Wingate, based on EPC data. The below chart shows the distribution of detached houses by size in Wingate, and where THE HAVEN lies on this distribution: 53% of detached houses are smaller than THE HAVEN, and 47% of houses are larger. Note that EPC data is not available for all properties in Wingate.

THE HAVEN: Plot and Title Map

THE HAVEN sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of THE HAVEN, 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 THE HAVEN). 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 THE HAVEN?

THE HAVEN is located on WELLFIELD ROAD SOUTH in WINGATE, in the TS28 postcode district. The below map shows the position of THE HAVEN on WELLFIELD ROAD SOUTH.