3, THROPTON CLOSE, HIGH SHINCLIFFE, DURHAM, DH1 2QA - £345,000

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.

3 THROPTON CLOSE is a large extended detached house of 152m², built sometime between 1967 and 1975, which could now be worth an estimated £489,593. It was last sold for £345,000 in February 2019, which was around 107% above the average February 2019 detached price in the County Durham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was C.

3 THROPTON CLOSE Sold Prices

Land registry data shows two sales for 3 THROPTON 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 3 THROPTON CLOSE sales was for above the average price, whilst the other was 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
2019 27 FEB	£345,000	£166,417	107% above HPI
2004 30 JAN	£103,000	£130,605	21% below HPI

3 THROPTON 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 3 THROPTON CLOSE sales from January 2004 and February 2019 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 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2019 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.

What might 3 THROPTON CLOSE be worth now?

3 THROPTON CLOSE might now be worth an estimated £489,593.

This is based on house price inflation of 41.9%, between February 2019 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 41.9% inflationary increase is applied to the most recent sale price for 3 THROPTON CLOSE of £345,000 on 27th February 2019. For the value to have increased from £345,000 to £489,593 over the six years to February 2025, the following assumptions must hold true:

• The value of 3 THROPTON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THROPTON CLOSE has not materially changed since February 2019.

How Large is 3 THROPTON CLOSE?

3 THROPTON CLOSE is 152m², which includes three extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 30% of detached houses houses in High Shincliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in High Shincliffe, and where 3 THROPTON CLOSE lies on this distribution: 70% of detached houses houses are smaller than 3 THROPTON CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in High Shincliffe.

3 THROPTON CLOSE: Plot and Title Map

3 THROPTON CLOSE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 3 THROPTON 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 THROPTON 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 THROPTON CLOSE?

3 THROPTON CLOSE is located in HIGH SHINCLIFFE, in the DH1 postcode district. The below map shows the position of No. 3 on THROPTON CLOSE.