3, SMYTHSONS CLOSE, SCHOOL AYCLIFFE, NEWTON AYCLIFFE, DL5 6TB - £370,000

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

3 SMYTHSONS CLOSE is a small extended detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £389,114. It was last sold for £370,000 in December 2022, which was around 66% above the average December 2022 detached price in the County Durham local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

3 SMYTHSONS CLOSE Sold Prices

Land registry data shows four sales for 3 SMYTHSONS CLOSE since 1^st 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 3 SMYTHSONS 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 15 DEC	£370,000	£223,058	66% above HPI
2018 18 JAN	£285,000	£171,419	66% above HPI
2005 31 AUG	£260,000	£175,709	48% above HPI
2003 14 NOV	£186,000	£126,991	46% above HPI

3 SMYTHSONS 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 four 3 SMYTHSONS CLOSE sales between November 2003 and December 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 January 2018 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the December 2022 sale, which was also at 66% above the HPI.

What might 3 SMYTHSONS CLOSE be worth now?

3 SMYTHSONS CLOSE might now be worth an estimated £389,114.

This is based on house price inflation of 5.2%, between December 2022 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 5.2% inflationary increase is applied to the most recent sale price for 3 SMYTHSONS CLOSE of £370,000 on 15th December 2022. For the value to have increased from £370,000 to £389,114 over the two years to December 2024, the following assumptions must hold true:

• The value of 3 SMYTHSONS CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2022 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SMYTHSONS CLOSE has not materially changed since December 2022.

How Large is 3 SMYTHSONS CLOSE?

3 SMYTHSONS CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 30% of detached houses houses in School Aycliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in School Aycliffe, and where 3 SMYTHSONS CLOSE lies on this distribution: 29% of detached houses houses are smaller than 3 SMYTHSONS CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in School Aycliffe.

3 SMYTHSONS CLOSE: Plot and Title Map

3 SMYTHSONS CLOSE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 3 SMYTHSONS 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 3 SMYTHSONS 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 3 SMYTHSONS CLOSE?

3 SMYTHSONS CLOSE is located in SCHOOL AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 3 on SMYTHSONS CLOSE.