31, TELFORD CLOSE, HIGH SHINCLIFFE, DURHAM, DH1 2YJ - £245,000

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.

31 TELFORD CLOSE is a small extended detached house of 108m², built sometime between 1983 and 1990, which could now be worth an estimated £355,927. It was last sold for £245,000 in June 2014, which was around 51% above the average June 2014 detached price in the County Durham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

31 TELFORD CLOSE Sold Prices

Land registry data shows three sales for 31 TELFORD 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 31 TELFORD 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
2014 2 JUN	£245,000	£162,562	51% above HPI
2007 19 OCT	£272,000	£199,201	37% above HPI
2003 24 NOV	£235,000	£126,991	85% above HPI

31 TELFORD 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 31 TELFORD CLOSE sales between November 2003 and June 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 October 2007 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2014 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 31 TELFORD CLOSE be worth now?

31 TELFORD CLOSE might now be worth an estimated £355,927.

This is based on house price inflation of 45.3%, between June 2014 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 45.3% inflationary increase is applied to the most recent sale price for 31 TELFORD CLOSE of £245,000 on 2nd June 2014. For the value to have increased from £245,000 to £355,927 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 31 TELFORD CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 31 TELFORD CLOSE has not materially changed since June 2014.

How Large is 31 TELFORD CLOSE?

31 TELFORD CLOSE is 108m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 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 31 TELFORD CLOSE lies on this distribution: 27% of detached houses houses are smaller than 31 TELFORD CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in High Shincliffe.

31 TELFORD CLOSE: Plot and Title Map

31 TELFORD CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 31 TELFORD 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 31 TELFORD 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 31 TELFORD CLOSE?

31 TELFORD CLOSE is located in HIGH SHINCLIFFE, in the DH1 postcode district. The below map shows the position of No. 31 on TELFORD CLOSE.