10, MAGNOLIA CLOSE, SCHOOL AYCLIFFE, NEWTON AYCLIFFE, DL5 6GQ - £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.

10 MAGNOLIA CLOSE is a very small detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £244,454. It was last sold for £175,000 in November 2011, which was around 14% below the average November 2011 detached price in the Darlington local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

10 MAGNOLIA CLOSE Sold Prices

Land registry data shows three sales for 10 MAGNOLIA 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 Darlington local authority area for the corresponding sale date. All of the three 10 MAGNOLIA 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
2011 4 NOV	£175,000	£202,783	14% below HPI
2005 11 FEB	£162,500	£199,465	19% below HPI
2004 12 FEB	£145,000	£165,372	12% below HPI

10 MAGNOLIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Darlington local authority area over time, sourced from the HPI. The three 10 MAGNOLIA CLOSE sales between February 2004 and November 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 February 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2011 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 10 MAGNOLIA CLOSE be worth now?

10 MAGNOLIA CLOSE might now be worth an estimated £244,454.

This is based on house price inflation of 39.7%, between November 2011 and February 2025, for detached houses, in the Darlington local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.7% inflationary increase is applied to the most recent sale price for 10 MAGNOLIA CLOSE of £175,000 on 4th November 2011. For the value to have increased from £175,000 to £244,454 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 10 MAGNOLIA CLOSE has moved in line with the HPI for detached houses in the Darlington local authority area.
• The November 2011 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MAGNOLIA CLOSE has not materially changed since November 2011.

How Large is 10 MAGNOLIA CLOSE?

10 MAGNOLIA CLOSE is 100m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses houses in School Aycliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in School Aycliffe, and where 10 MAGNOLIA CLOSE lies on this distribution: 16% of detached houses houses are smaller than 10 MAGNOLIA CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in School Aycliffe.

10 MAGNOLIA CLOSE: Plot and Title Map

10 MAGNOLIA CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 10 MAGNOLIA 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 10 MAGNOLIA 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 10 MAGNOLIA CLOSE?

10 MAGNOLIA CLOSE is located in SCHOOL AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 10 on MAGNOLIA CLOSE.