16, PORTER CLOSE, AYKLEY HEADS, DURHAM, DH1 5ZL - £372,500

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.

16 PORTER CLOSE is a small detached house of 115m², which could now be worth an estimated £394,663. It was last sold for £372,500 in November 2022, which was around 67% above the average November 2022 detached price in the County Durham local authority area. The most recent EPC inspection was February 2020, where the current energy rating was B, and the potential energy rating was A.

16 PORTER CLOSE Sold Prices

Land registry data shows two sales for 16 PORTER 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 16 PORTER CLOSE sales were for above 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
2022 18 NOV	£372,500	£222,902	67% above HPI
2020 27 NOV	£369,950	£184,160	101% above HPI

16 PORTER 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 16 PORTER CLOSE sales from November 2020 and November 2022 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 November 2020 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the November 2022 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 16 PORTER CLOSE be worth now?

16 PORTER CLOSE might now be worth an estimated £394,663.

This is based on house price inflation of 5.9%, between November 2022 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 5.9% inflationary increase is applied to the most recent sale price for 16 PORTER CLOSE of £372,500 on 18th November 2022. For the value to have increased from £372,500 to £394,663 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 PORTER CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2022 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 16 PORTER CLOSE has not materially changed since November 2022.

How Large is 16 PORTER CLOSE?

16 PORTER CLOSE is 115m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of detached houses houses in Durham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Durham, and where 16 PORTER CLOSE lies on this distribution: 35% of detached houses houses are smaller than 16 PORTER CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Durham.

16 PORTER CLOSE: Plot and Title Map

16 PORTER CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 16 PORTER 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 16 PORTER 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 16 PORTER CLOSE?

16 PORTER CLOSE is located in AYKLEY HEADS, in the DH1 postcode district. The below map shows the position of No. 16 on PORTER CLOSE.