6, VALLEY CLOSE, TOW LAW, BISHOP AUCKLAND, DL13 4AN - £110,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 VALLEY CLOSE is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £110,000 in April 2019, which was around 34% below the average April 2019 detached price in the County Durham local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

6 VALLEY CLOSE Sold Prices

Land registry data shows three sales for 6 VALLEY 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. All of the three 6 VALLEY 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
2019 23 APR	£110,000	£166,865	34% below HPI
2014 17 APR	£95,000	£149,605	36% below HPI
1995 28 APR	£42,000	£64,458	35% below HPI

6 VALLEY 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 6 VALLEY CLOSE sales between April 1995 and April 2019 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 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2019 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 6 VALLEY CLOSE?

6 VALLEY CLOSE is 72m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses in Tow Law, based on EPC data. The below chart shows the distribution of detached houses by size in Tow Law, and where 6 VALLEY CLOSE lies on this distribution: 4% of detached houses are smaller than 6 VALLEY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Tow Law.

6 VALLEY CLOSE: Plot and Title Map

6 VALLEY CLOSE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 6 VALLEY 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 6 VALLEY 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 6 VALLEY CLOSE?

6 VALLEY CLOSE is located in TOW LAW, in the DL13 postcode district. The below map shows the position of No. 6 on VALLEY CLOSE.