5, HEDLEY CLOSE, NEW KYO, STANLEY, DH9 7BZ - £109,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 HEDLEY CLOSE is a very small detached house of 60m². It was last sold for £109,500 in August 2023, which was around 47% below the average August 2023 detached price in the County Durham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.

5 HEDLEY CLOSE Sold Prices

Land registry data shows two sales for 5 HEDLEY 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. Both of the two 5 HEDLEY CLOSE sales were 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
2023 3 AUG	£109,500	£208,144	47% below HPI
2016 27 MAY	£94,995	£159,456	40% below HPI

5 HEDLEY 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 5 HEDLEY CLOSE sales from May 2016 and August 2023 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 May 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2023 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 5 HEDLEY CLOSE?

5 HEDLEY CLOSE is 60m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Annfield Plain, based on EPC data. The below chart shows the distribution of detached houses by size in Annfield Plain, and where 5 HEDLEY CLOSE lies on this distribution: 1% of detached houses are smaller than 5 HEDLEY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Annfield Plain.

5 HEDLEY CLOSE: Plot and Title Map

5 HEDLEY CLOSE sits on a plot of roughly 75.0 acres, or 303,346m². The below map shows the location of 5 HEDLEY 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 5 HEDLEY 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 5 HEDLEY CLOSE?

5 HEDLEY CLOSE is located in NEW KYO, in the DH9 postcode district. The below map shows the position of No. 5 on HEDLEY CLOSE.