WHEEL CLOSE, DELVES LANE, CONSETT, DH8 7ER - £270,000

WHEEL CLOSE is a very large detached house of 213m², built sometime between 1950 and 1966. It was last sold for £270,000 in April 2022, which was around 32% above the average April 2022 detached price in the County Durham local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

WHEEL CLOSE Sold Prices

Land registry data shows two sales for WHEEL 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 WHEEL 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
2022 11 APR	£270,000	£204,068	32% above HPI
2000 12 DEC	£123,000	£80,251	53% above HPI

WHEEL 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 WHEEL CLOSE sales from December 2000 and April 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 2000 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the April 2022 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is WHEEL CLOSE?

WHEEL CLOSE is 213m² according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of detached houses in Consett, based on EPC data. The below chart shows the distribution of detached houses by size in Consett, and where WHEEL CLOSE lies on this distribution: 98% of detached houses are smaller than WHEEL CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Consett.

WHEEL CLOSE: Plot and Title Map

WHEEL CLOSE sits on a plot of roughly 0.254 of an acre, or 1,027m². The below map shows the location of WHEEL 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 WHEEL 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 WHEEL CLOSE?

WHEEL CLOSE is located on DELVES LANE in CONSETT, in the DH8 postcode district. The below map shows the position of WHEEL CLOSE on DELVES LANE.