12, FURNESS CLOSE, BISHOP AUCKLAND, DL14 0SR - £180,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 FURNESS CLOSE is a midsized extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £180,000 in July 2013, which was around 13% above the average July 2013 detached price in the County Durham local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

12 FURNESS CLOSE Sold Prices

Land registry data shows three sales for 12 FURNESS 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. Two of the three 12 FURNESS CLOSE sales were for above the average price, whilst one was 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
2013 23 JUL	£180,000	£159,551	13% above HPI
2002 19 DEC	£95,000	£101,980	7% below HPI
1996 29 MAR	£70,200	£66,065	6% above HPI

12 FURNESS 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 FURNESS CLOSE sales between March 1996 and July 2013 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 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2013 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 12 FURNESS CLOSE?

12 FURNESS CLOSE is 116m², which includes two extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 50% of detached houses in Bishop Auckland, based on EPC data. The below chart shows the distribution of detached houses by size in Bishop Auckland, and where 12 FURNESS CLOSE lies on this distribution: 56% of detached houses are smaller than 12 FURNESS CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Bishop Auckland.

12 FURNESS CLOSE: Plot and Title Map

12 FURNESS CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 12 FURNESS 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 FURNESS 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 FURNESS CLOSE?

12 FURNESS CLOSE is located in BISHOP AUCKLAND, in the DL14 postcode district. The below map shows the position of No. 12 on FURNESS CLOSE.