15, HUTCHINSON CLOSE, COUNDON, BISHOP AUCKLAND, DL14 8NY - £127,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 HUTCHINSON CLOSE is a very small detached house of 71m², built sometime between 2007 and 2011, which could now be worth an estimated £172,257. It was last sold for £127,000 in November 2017, which was around 27% below the average November 2017 detached price in the County Durham local authority area. The most recent EPC inspection was September 2022, where the current energy rating was B, and the potential energy rating was A.

15 HUTCHINSON CLOSE Sold Prices

Land registry data shows two sales for 15 HUTCHINSON 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 15 HUTCHINSON 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
2017 17 NOV	£127,000	£174,117	27% below HPI
2012 26 OCT	£124,950	£167,817	26% below HPI

15 HUTCHINSON 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 15 HUTCHINSON CLOSE sales from October 2012 and November 2017 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 October 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 15 HUTCHINSON CLOSE be worth now?

15 HUTCHINSON CLOSE might now be worth an estimated £172,257.

This is based on house price inflation of 35.6%, between November 2017 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 35.6% inflationary increase is applied to the most recent sale price for 15 HUTCHINSON CLOSE of £127,000 on 17th November 2017. For the value to have increased from £127,000 to £172,257 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 HUTCHINSON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2017 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HUTCHINSON CLOSE has not materially changed since November 2017.

How Large is 15 HUTCHINSON CLOSE?

15 HUTCHINSON CLOSE is 71m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses houses in Coundon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coundon, and where 15 HUTCHINSON CLOSE lies on this distribution: 4% of detached houses houses are smaller than 15 HUTCHINSON CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Coundon.

15 HUTCHINSON CLOSE: Plot and Title Map

15 HUTCHINSON CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 15 HUTCHINSON 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 15 HUTCHINSON 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 15 HUTCHINSON CLOSE?

15 HUTCHINSON CLOSE is located in COUNDON, in the DL14 postcode district. The below map shows the position of No. 15 on HUTCHINSON CLOSE.