1, MALING CLOSE, BISHOP AUCKLAND, DL14 8EU - £175,000

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.

1 MALING CLOSE is a very small detached house of 82m², which could now be worth an estimated £203,300. It was last sold for £175,000 in December 2021, which was around 14% below the average December 2021 detached price in the County Durham local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was A.

1 MALING CLOSE Sold Prices

Land registry data shows two sales for 1 MALING 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 1 MALING CLOSE sales 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
2021 17 DEC	£175,000	£203,289	14% below HPI
2017 27 JAN	£159,995	£167,977	5% below HPI

1 MALING 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 1 MALING CLOSE sales from January 2017 and December 2021 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 January 2017 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1 MALING CLOSE be worth now?

1 MALING CLOSE might now be worth an estimated £203,300.

This is based on house price inflation of 16.2%, between December 2021 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 16.2% inflationary increase is applied to the most recent sale price for 1 MALING CLOSE of £175,000 on 17th December 2021. For the value to have increased from £175,000 to £203,300 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 MALING CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MALING CLOSE has not materially changed since December 2021.

How Large is 1 MALING CLOSE?

1 MALING CLOSE is 82m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses houses in Bishop Auckland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bishop Auckland, and where 1 MALING CLOSE lies on this distribution: 16% of detached houses houses are smaller than 1 MALING CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bishop Auckland.

1 MALING CLOSE: Plot and Title Map

1 MALING CLOSE sits on a plot of roughly 6.9 acres, or 27,867m². The below map shows the location of 1 MALING 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 1 MALING 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 1 MALING CLOSE?

1 MALING CLOSE is located in BISHOP AUCKLAND, in the DL14 postcode district. The below map shows the position of No. 1 on MALING CLOSE.