4, MORTON CLOSE, AUCKLAND PARK, BISHOP AUCKLAND, DL14 8YW - £125,000

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 MORTON CLOSE is a small detached house of 101m², built sometime from 2007 onwards, which could now be worth an estimated £181,595. It was last sold for £125,000 in June 2014, which was around 23% below the average June 2014 detached price in the County Durham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was B.

4 MORTON CLOSE Sold Prices

Land registry data shows three sales for 4 MORTON 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. The three 4 MORTON CLOSE sales were a mix of below the average price, and 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
2014 20 JUN	£125,000	£162,562	23% below HPI
2006 28 JUL	£160,000	£184,919	13% below HPI
2004 30 JUN	£147,745	£147,112	Close to HPI

4 MORTON 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 4 MORTON CLOSE sales between June 2004 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 July 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 4 MORTON CLOSE be worth now?

4 MORTON CLOSE might now be worth an estimated £181,595.

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 4 MORTON CLOSE of £125,000 on 20th June 2014. For the value to have increased from £125,000 to £181,595 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 4 MORTON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2014 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MORTON CLOSE has not materially changed since June 2014.

How Large is 4 MORTON CLOSE?

4 MORTON CLOSE is 101m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% of detached houses houses in Bishop Auckland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bishop Auckland, and where 4 MORTON CLOSE lies on this distribution: 38% of detached houses houses are smaller than 4 MORTON CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Bishop Auckland.

4 MORTON CLOSE: Plot and Title Map

4 MORTON CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 4 MORTON 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 MORTON 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 MORTON CLOSE?

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