17, LONG CLOSE ROAD, HAMSTERLEY MILL, ROWLANDS GILL, NE39 1HQ - £462,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 LONG CLOSE ROAD is a small detached house of 164m², built sometime between 1950 and 1966, which could now be worth an estimated £656,718. It was last sold for £462,000 in December 2012, which was around 178% above the average December 2012 detached price in the County Durham local authority area. The most recent EPC inspection was October 2012, where the current energy rating was F, and the potential energy rating was D.

17 LONG CLOSE ROAD Sold Prices

Land registry data shows two sales for 17 LONG CLOSE ROAD 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 17 LONG CLOSE ROAD 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
2012 7 DEC	£462,000	£166,141	178% above HPI
2004 30 JUL	£372,170	£152,264	144% above HPI

17 LONG CLOSE ROAD 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 17 LONG CLOSE ROAD sales from July 2004 and December 2012 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 2004 sale was for 144% above the HPI. So the extrapolation line tracks at 144% above the HPI over time, until the December 2012 sale, where it rises to 178% above the HPI. The line then continues to track at 178% above the HPI.

What might 17 LONG CLOSE ROAD be worth now?

17 LONG CLOSE ROAD might now be worth an estimated £656,718.

This is based on house price inflation of 42.1%, between December 2012 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 42.1% inflationary increase is applied to the most recent sale price for 17 LONG CLOSE ROAD of £462,000 on 7th December 2012. For the value to have increased from £462,000 to £656,718 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 17 LONG CLOSE ROAD has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2012 sale price of £462,000 represented a fair market value for the property.
• The size, condition, and specification of 17 LONG CLOSE ROAD has not materially changed since December 2012.

How Large is 17 LONG CLOSE ROAD?

17 LONG CLOSE ROAD is 164m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 40% of detached houses houses in Hamsterley Mill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hamsterley Mill, and where 17 LONG CLOSE ROAD lies on this distribution: 39% of detached houses houses are smaller than 17 LONG CLOSE ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Hamsterley Mill.

17 LONG CLOSE ROAD: Plot and Title Map

17 LONG CLOSE ROAD sits on a plot of roughly 0.384 of an acre, or 1,552m². The below map shows the location of 17 LONG CLOSE ROAD, 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 17 LONG CLOSE ROAD). 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 17 LONG CLOSE ROAD?

17 LONG CLOSE ROAD is located in HAMSTERLEY MILL, in the NE39 postcode district. The below map shows the position of No. 17 on LONG CLOSE ROAD.