2, GAMUL CLOSE, NEWTON AYCLIFFE, DL5 7QW - £120,000

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

2 GAMUL CLOSE is a very small detached house of 68m², built sometime between 1996 and 2002. It was last sold for £120,000 in August 2014, which was around 25% below the average August 2014 detached price in the County Durham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

2 GAMUL CLOSE Sold Prices

Land registry data shows three sales for 2 GAMUL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 2 GAMUL 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
2014 29 AUG	£120,000	£160,481	25% below HPI
2006 19 APR	£119,450	£175,127	32% below HPI
2001 28 FEB	£66,500	£79,728	17% below HPI

2 GAMUL 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 three 2 GAMUL CLOSE sales between February 2001 and August 2014 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 April 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 GAMUL CLOSE?

2 GAMUL CLOSE is 68m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Newton Aycliffe, based on EPC data. The below chart shows the distribution of detached houses by size in Newton Aycliffe, and where 2 GAMUL CLOSE lies on this distribution: 7% of detached houses are smaller than 2 GAMUL CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

2 GAMUL CLOSE: Plot and Title Map

2 GAMUL CLOSE sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 2 GAMUL 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 2 GAMUL 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 2 GAMUL CLOSE?

2 GAMUL CLOSE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 2 on GAMUL CLOSE.