5, MORTON CLOSE, AUCKLAND PARK, BISHOP AUCKLAND, DL14 8YW - £150,000

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.

5 MORTON CLOSE is a very small detached house of 67m², built sometime between 2003 and 2006, which could now be worth an estimated £163,506. It was last sold for £150,000 in August 2022, which was around 31% below the average August 2022 detached price in the County Durham local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

5 MORTON CLOSE Sold Prices

Land registry data shows four sales for 5 MORTON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 5 MORTON 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
2022 12 AUG	£150,000	£216,656	31% below HPI
2017 18 DEC	£90,000	£173,704	48% below HPI
2008 26 JUN	£115,000	£196,212	41% below HPI
2004 8 OCT	£120,745	£162,040	25% below HPI

5 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 four 5 MORTON CLOSE sales between October 2004 and August 2022 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 December 2017 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 5 MORTON CLOSE be worth now?

5 MORTON CLOSE might now be worth an estimated £163,506.

This is based on house price inflation of 9%, between August 2022 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 9% inflationary increase is applied to the most recent sale price for 5 MORTON CLOSE of £150,000 on 12th August 2022. For the value to have increased from £150,000 to £163,506 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 5 MORTON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2022 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MORTON CLOSE has not materially changed since August 2022.

How Large is 5 MORTON CLOSE?

5 MORTON CLOSE is 67m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% 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 5 MORTON CLOSE lies on this distribution: 4% of detached houses houses are smaller than 5 MORTON CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bishop Auckland.

5 MORTON CLOSE: Plot and Title Map

5 MORTON CLOSE sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 5 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 5 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 5 MORTON CLOSE?

5 MORTON CLOSE is located in AUCKLAND PARK, in the DL14 postcode district. The below map shows the position of No. 5 on MORTON CLOSE.