12, NENTHEAD CLOSE, GREAT LUMLEY, CHESTER LE STREET, DH3 4SP - £270,000

12 NENTHEAD CLOSE is a large extended detached house of 118m², built sometime between 1991 and 1995. It was last sold for £270,000 in November 2022, which was around 25% above the average November 2022 detached price in the County Durham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

12 NENTHEAD CLOSE Sold Prices

Land registry data shows three sales for 12 NENTHEAD CLOSE 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. One of the three 12 NENTHEAD CLOSE sales was for above the average price, whilst two 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
2022 9 NOV	£270,000	£216,378	25% above HPI
1999 17 DEC	£73,000	£78,012	6% below HPI
1995 16 MAR	£59,500	£65,520	9% below HPI

12 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 three 12 NENTHEAD CLOSE sales between March 1995 and November 2022 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 December 1999 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2022 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 12 NENTHEAD CLOSE?

12 NENTHEAD CLOSE is 118m², which includes three extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses in Great Lumley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Lumley, and where 12 NENTHEAD CLOSE lies on this distribution: 62% of detached houses are smaller than 12 NENTHEAD CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

12 NENTHEAD CLOSE: Plot and Title Map

12 NENTHEAD CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 12 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 12 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 12 NENTHEAD CLOSE?

12 NENTHEAD CLOSE is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 12 on NENTHEAD CLOSE.