8, GATCOMBE CLOSE, NEWTON AYCLIFFE, DL5 4YH - £98,500

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 GATCOMBE CLOSE is a midsized extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £98,500 in May 2002, which was around 7% above the average May 2002 detached price in the County Durham local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

8 GATCOMBE CLOSE Sold Prices

Land registry data shows two sales for 8 GATCOMBE 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 8 GATCOMBE 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
2002 13 MAY	£98,500	£92,118	7% above HPI
1998 24 JUL	£79,995	£74,366	8% above HPI

8 GATCOMBE 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 8 GATCOMBE CLOSE sales from July 1998 and May 2002 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 July 1998 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2002 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 8 GATCOMBE CLOSE be worth now?

8 GATCOMBE CLOSE might now be worth an estimated £250,833.

This is based on house price inflation of 154.7%, between May 2002 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 154.7% inflationary increase is applied to the most recent sale price for 8 GATCOMBE CLOSE of £98,500 on 13th May 2002. For the value to have increased from £98,500 to £250,833 over the 21 years and five months to December 2024, the following assumptions must hold true:

• The value of 8 GATCOMBE CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2002 sale price of £98,500 represented a fair market value for the property.
• The size, condition, and specification of 8 GATCOMBE CLOSE has not materially changed since May 2002.

How Large is 8 GATCOMBE CLOSE?

8 GATCOMBE CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in May 2021. 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 8 GATCOMBE CLOSE lies on this distribution: 48% of detached houses houses are smaller than 8 GATCOMBE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

8 GATCOMBE CLOSE: Plot and Title Map

8 GATCOMBE CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 8 GATCOMBE 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 GATCOMBE 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 GATCOMBE CLOSE?

8 GATCOMBE CLOSE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 8 on GATCOMBE CLOSE.