2, MIDDLEHAM CLOSE, OUSTON, CHESTER LE STREET, DH2 1TA - £217,000

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.

2 MIDDLEHAM CLOSE is a large extended detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £306,830. It was last sold for £217,000 in February 2017, which was around 29% above the average February 2017 detached price in the County Durham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

2 MIDDLEHAM CLOSE Sold Prices

Land registry data shows one sale for 2 MIDDLEHAM CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the County Durham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 3 FEB	£217,000	£168,395	29% above HPI

What might 2 MIDDLEHAM CLOSE be worth now?

2 MIDDLEHAM CLOSE might now be worth an estimated £306,830.

This is based on house price inflation of 41.4%, between February 2017 and April 2026, 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 41.4% inflationary increase is applied to the most recent sale price for 2 MIDDLEHAM CLOSE of £217,000 on 3rd February 2017. For the value to have increased from £217,000 to £306,830 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of 2 MIDDLEHAM CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2017 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MIDDLEHAM CLOSE has not materially changed since February 2017.

How Large is 2 MIDDLEHAM CLOSE?

2 MIDDLEHAM CLOSE is 120m², which includes four extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 30% of detached houses in Urpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Urpeth, and where 2 MIDDLEHAM CLOSE lies on this distribution: 70% of detached houses are smaller than 2 MIDDLEHAM CLOSE, and 29% of detached houses are larger. Note that EPC data is not available for all properties in Urpeth.

2 MIDDLEHAM CLOSE: Plot

2 MIDDLEHAM CLOSE sits on a plot of roughly 0.077 of an acre, or 311m².

Where is 2 MIDDLEHAM CLOSE?

2 MIDDLEHAM CLOSE is located in OUSTON, in the DH2 postcode district.