5, VILLAGE CLOSE, NEWTON AYCLIFFE, DL5 4UD - £135,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 VILLAGE CLOSE is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £135,000 in February 2017, which was around 20% below the average February 2017 detached price in the County Durham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was A.

5 VILLAGE CLOSE Sold Prices

Land registry data shows two sales for 5 VILLAGE 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 VILLAGE 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
2017 10 FEB	£135,000	£168,395	20% below HPI
2010 5 MAR	£120,000	£174,528	31% below HPI

5 VILLAGE 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 VILLAGE CLOSE sales from March 2010 and February 2017 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 March 2010 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2017 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 5 VILLAGE CLOSE be worth now?

5 VILLAGE CLOSE might now be worth an estimated £188,060.

This is based on house price inflation of 39.3%, between February 2017 and December 2024, 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 39.3% inflationary increase is applied to the most recent sale price for 5 VILLAGE CLOSE of £135,000 on 10th February 2017. For the value to have increased from £135,000 to £188,060 over the six years and two months to December 2024, the following assumptions must hold true:

• The value of 5 VILLAGE CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2017 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 5 VILLAGE CLOSE has not materially changed since February 2017.

How Large is 5 VILLAGE CLOSE?

5 VILLAGE CLOSE is 71m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses houses in Newton Aycliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newton Aycliffe, and where 5 VILLAGE CLOSE lies on this distribution: 9% of detached houses houses are smaller than 5 VILLAGE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

5 VILLAGE CLOSE: Plot and Title Map

5 VILLAGE CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 5 VILLAGE 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 VILLAGE 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 VILLAGE CLOSE?

5 VILLAGE CLOSE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 5 on VILLAGE CLOSE.