4, FARNHAM CLOSE, AUCKLAND PARK, BISHOP AUCKLAND, DL14 8YR - £135,000

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.

4 FARNHAM CLOSE is a very small terraced house of 83m², built sometime between 1996 and 2002, which could now be worth an estimated £190,556. It was last sold for £135,000 in November 2018, which was around 65% above the average November 2018 terraced price in the County Durham local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

4 FARNHAM CLOSE Sold Prices

Land registry data shows five sales for 4 FARNHAM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the five 4 FARNHAM 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
2018 19 NOV	£135,000	£82,034	65% above HPI
2012 27 APR	£120,000	£78,111	54% above HPI
2006 2 AUG	£126,000	£91,860	37% above HPI
2002 25 APR	£77,000	£36,921	109% above HPI
1999 20 APR	£69,950	£30,997	126% above HPI

4 FARNHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The five 4 FARNHAM CLOSE sales between April 1999 and November 2018 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 2012 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the November 2018 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 4 FARNHAM CLOSE be worth now?

4 FARNHAM CLOSE might now be worth an estimated £190,556.

This is based on house price inflation of 41.2%, between November 2018 and July 2025, for terraced 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 41.2% inflationary increase is applied to the most recent sale price for 4 FARNHAM CLOSE of £135,000 on 19th November 2018. For the value to have increased from £135,000 to £190,556 over the seven years and four months to July 2025, the following assumptions must hold true:

• The value of 4 FARNHAM CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The November 2018 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FARNHAM CLOSE has not materially changed since November 2018.

How Large is 4 FARNHAM CLOSE?

4 FARNHAM CLOSE is 83m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of terraced houses houses in Bishop Auckland, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bishop Auckland, and where 4 FARNHAM CLOSE lies on this distribution: 18% of terraced houses houses are smaller than 4 FARNHAM CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Bishop Auckland.

4 FARNHAM CLOSE: Plot and Title Map

4 FARNHAM CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 4 FARNHAM 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 4 FARNHAM 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 4 FARNHAM CLOSE?

4 FARNHAM CLOSE is located in AUCKLAND PARK, in the DL14 postcode district. The below map shows the position of No. 4 on FARNHAM CLOSE.