7, PAXTON CLOSE, NEWTON AYCLIFFE, DL5 7QE - £187,500

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.

7 PAXTON CLOSE is a midsized detached house of 101m², built sometime between 1991 and 1995, which could now be worth an estimated £260,859. It was last sold for £187,500 in May 2018, which was around 10% above the average May 2018 detached price in the County Durham local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

7 PAXTON CLOSE Sold Prices

Land registry data shows two sales for 7 PAXTON 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. One of the two 7 PAXTON CLOSE sales was for above the average price, whilst the other was 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
2018 24 MAY	£187,500	£169,750	10% above HPI
2013 28 MAR	£145,000	£159,958	9% below HPI

7 PAXTON 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 7 PAXTON CLOSE sales from March 2013 and May 2018 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 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2018 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 7 PAXTON CLOSE be worth now?

7 PAXTON CLOSE might now be worth an estimated £260,859.

This is based on house price inflation of 39.1%, between May 2018 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 39.1% inflationary increase is applied to the most recent sale price for 7 PAXTON CLOSE of £187,500 on 24th May 2018. For the value to have increased from £187,500 to £260,859 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 7 PAXTON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2018 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 7 PAXTON CLOSE has not materially changed since May 2018.

How Large is 7 PAXTON CLOSE?

7 PAXTON CLOSE is 101m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 50% 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 7 PAXTON CLOSE lies on this distribution: 47% of detached houses houses are smaller than 7 PAXTON CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

7 PAXTON CLOSE: Plot and Title Map

7 PAXTON CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 7 PAXTON 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 7 PAXTON 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 7 PAXTON CLOSE?

7 PAXTON CLOSE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 7 on PAXTON CLOSE.