12, PHOENIX CLOSE, LANGLEY PARK, DURHAM, DH7 9FN - £200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 PHOENIX CLOSE is a very small extended detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £222,153. It was last sold for £200,000 in June 2024, which was around 6% below the average June 2024 detached price in the County Durham local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

12 PHOENIX CLOSE Sold Prices

Land registry data shows three sales for 12 PHOENIX 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. All of the three 12 PHOENIX 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
2024 13 JUN	£200,000	£212,614	6% below HPI
2018 27 JUL	£165,000	£175,020	6% below HPI
2001 25 MAY	£69,950	£81,575	14% below HPI

12 PHOENIX 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 PHOENIX CLOSE sales between May 2001 and June 2024 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 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2024 sale, which was also at 6% below the HPI.

What might 12 PHOENIX CLOSE be worth now?

12 PHOENIX CLOSE might now be worth an estimated £222,153.

This is based on house price inflation of 11.1%, between June 2024 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 11.1% inflationary increase is applied to the most recent sale price for 12 PHOENIX CLOSE of £200,000 on 13th June 2024. For the value to have increased from £200,000 to £222,153 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 12 PHOENIX CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2024 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PHOENIX CLOSE has not materially changed since June 2024.

How Large is 12 PHOENIX CLOSE?

12 PHOENIX CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses houses in Langley Park, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langley Park, and where 12 PHOENIX CLOSE lies on this distribution: 11% of detached houses houses are smaller than 12 PHOENIX CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Langley Park.

12 PHOENIX CLOSE: Plot and Title Map

12 PHOENIX CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 12 PHOENIX 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 PHOENIX 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 PHOENIX CLOSE?

12 PHOENIX CLOSE is located in LANGLEY PARK, in the DH7 postcode district. The below map shows the position of No. 12 on PHOENIX CLOSE.