Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
12 PHOENIX CLOSE is a very small extended detached house of 79m², built sometime between 1983 and 1990. 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.
Land registry data shows three sales for 12 PHOENIX CLOSE since 1st 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 | £212,483 | 6% below HPI |
2018 27 JUL | £165,000 | £170,261 | 3% below HPI |
2001 25 MAY | £69,950 | £79,358 | 12% below HPI |
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 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
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 in Langley Park, based on EPC data. The below chart shows the distribution of detached houses by size in Langley Park, and where 12 PHOENIX CLOSE lies on this distribution: 12% of detached houses are smaller than 12 PHOENIX CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Langley Park.
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.
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.