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
15 LEYLAND CLOSE is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £124,000 in August 2016, which was around 25% below the average August 2016 detached price in the County Durham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 15 LEYLAND CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 15 LEYLAND 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 |
---|---|---|---|
2016 25 AUG | £124,000 | £166,172 | 25% below HPI |
2004 9 JAN | £120,000 | £127,054 | 6% below HPI |
2000 26 SEP | £56,000 | £82,391 | 32% below HPI |
1996 29 NOV | £58,000 | £69,105 | 16% 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 four 15 LEYLAND CLOSE sales between November 1996 and August 2016 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 January 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
15 LEYLAND CLOSE is 70m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Bowburn, based on EPC data. The below chart shows the distribution of detached houses by size in Bowburn, and where 15 LEYLAND CLOSE lies on this distribution: 3% of detached houses are smaller than 15 LEYLAND CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bowburn.
15 LEYLAND CLOSE sits on a plot of roughly 194.8 acres, or 788,242m². The below map shows the location of 15 LEYLAND 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 LEYLAND 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.
15 LEYLAND CLOSE is located in BOWBURN, in the DH6 postcode district. The below map shows the position of No. 15 on LEYLAND CLOSE.