2, PAXTON CLOSE, NEWTON AYCLIFFE, DL5 7QE - £158,000

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

2 PAXTON CLOSE is a midsized extended detached house of 100m², built sometime between 1991 and 1995. It was last sold for £158,000 in July 2015, which was around 5% below the average July 2015 detached price in the County Durham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

2 PAXTON CLOSE Sold Prices

Land registry data shows two sales for 2 PAXTON 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. One of the two 2 PAXTON CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2015 10 JUL	£158,000	£166,233	5% below HPI
1995 7 JUL	£68,995	£69,012	Close to HPI

2 PAXTON 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 2 PAXTON CLOSE sales from July 1995 and July 2015 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 1995 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 PAXTON CLOSE be worth now?

2 PAXTON CLOSE might now be worth an estimated £222,963.

This is based on house price inflation of 41.1%, between July 2015 and December 2024, 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 41.1% inflationary increase is applied to the most recent sale price for 2 PAXTON CLOSE of £158,000 on 10th July 2015. For the value to have increased from £158,000 to £222,963 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 PAXTON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2015 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PAXTON CLOSE has not materially changed since July 2015.

How Large is 2 PAXTON CLOSE?

2 PAXTON CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% of detached houses houses in Newton Aycliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Aycliffe, and where 2 PAXTON CLOSE lies on this distribution: 45% of detached houses houses are smaller than 2 PAXTON CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

2 PAXTON CLOSE: Plot and Title Map

2 PAXTON CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 2 PAXTON 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 PAXTON 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 PAXTON CLOSE?

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