14, ROYAL GEORGE CLOSE, SHILDON, DL4 2NE - £145,000

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

14 ROYAL GEORGE CLOSE is a large detached house of 114m², built sometime between 2003 and 2006. It was last sold for £145,000 in August 2021, which was around 26% below the average August 2021 detached price in the County Durham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was B.

14 ROYAL GEORGE CLOSE Sold Prices

Land registry data shows two sales for 14 ROYAL GEORGE 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 14 ROYAL GEORGE 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
2021 5 AUG	£145,000	£196,735	26% below HPI
2005 17 MAR	£150,000	£161,066	7% below HPI

14 ROYAL GEORGE 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 14 ROYAL GEORGE CLOSE sales from March 2005 and August 2021 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 March 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 14 ROYAL GEORGE CLOSE?

14 ROYAL GEORGE CLOSE is 114m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses in Shildon, based on EPC data. The below chart shows the distribution of detached houses by size in Shildon, and where 14 ROYAL GEORGE CLOSE lies on this distribution: 68% of detached houses are smaller than 14 ROYAL GEORGE CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Shildon.

14 ROYAL GEORGE CLOSE: Plot and Title Map

14 ROYAL GEORGE CLOSE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 14 ROYAL GEORGE 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 14 ROYAL GEORGE 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 14 ROYAL GEORGE CLOSE?

14 ROYAL GEORGE CLOSE is located in SHILDON, in the DL4 postcode district. The below map shows the position of No. 14 on ROYAL GEORGE CLOSE.