12, MAYORSWELL CLOSE, DURHAM, DH1 1JU - £222,500

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 MAYORSWELL CLOSE is a small extended detached house of 118m², built sometime between 1967 and 1975. It was last sold for £222,500 in September 2012, which was around 37% above the average September 2012 detached price in the County Durham local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

12 MAYORSWELL CLOSE Sold Prices

Land registry data shows two sales for 12 MAYORSWELL 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 12 MAYORSWELL 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
2012 14 SEP	£222,500	£162,405	37% above HPI
2007 6 JUL	£250,000	£187,586	33% above HPI

12 MAYORSWELL 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 12 MAYORSWELL CLOSE sales from July 2007 and September 2012 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 July 2007 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the September 2012 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 12 MAYORSWELL CLOSE?

12 MAYORSWELL CLOSE is 118m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where 12 MAYORSWELL CLOSE lies on this distribution: 40% of detached houses are smaller than 12 MAYORSWELL CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Durham.

12 MAYORSWELL CLOSE: Plot and Title Map

12 MAYORSWELL CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 12 MAYORSWELL 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 MAYORSWELL 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 MAYORSWELL CLOSE?

12 MAYORSWELL CLOSE is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 12 on MAYORSWELL CLOSE.