8, DEAN CLOSE, SHILDON, DL4 1QP - £236,000

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

8 DEAN CLOSE is a very large detached house of 152m², built sometime between 1983 and 1990, which could now be worth an estimated £327,548. It was last sold for £236,000 in October 2011, which was around 40% above the average October 2011 detached price in the County Durham local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was D.

8 DEAN CLOSE Sold Prices

Land registry data shows three sales for 8 DEAN 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 8 DEAN CLOSE sales were for above 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
2011 3 OCT	£236,000	£169,017	40% above HPI
2006 12 OCT	£215,000	£188,045	14% above HPI
2001 17 AUG	£115,000	£86,914	32% above HPI

8 DEAN 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 8 DEAN CLOSE sales between August 2001 and October 2011 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 October 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2011 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 8 DEAN CLOSE be worth now?

8 DEAN CLOSE might now be worth an estimated £327,548.

This is based on house price inflation of 38.8%, between October 2011 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 38.8% inflationary increase is applied to the most recent sale price for 8 DEAN CLOSE of £236,000 on 3rd October 2011. For the value to have increased from £236,000 to £327,548 over the twelve years and ten months to December 2024, the following assumptions must hold true:

• The value of 8 DEAN CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2011 sale price of £236,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DEAN CLOSE has not materially changed since October 2011.

How Large is 8 DEAN CLOSE?

8 DEAN CLOSE is 152m² according to the EPC inspection conducted in December 2010. This puts it in the largest 20% of detached houses houses in Shildon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shildon, and where 8 DEAN CLOSE lies on this distribution: 88% of detached houses houses are smaller than 8 DEAN CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Shildon.

8 DEAN CLOSE: Plot and Title Map

8 DEAN CLOSE sits on a plot of roughly 0.193 of an acre, or 782m². The below map shows the location of 8 DEAN 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 8 DEAN 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 8 DEAN CLOSE?

8 DEAN CLOSE is located in SHILDON, in the DL4 postcode district. The below map shows the position of No. 8 on DEAN CLOSE.