8, VAN MILDERT CLOSE, BISHOP AUCKLAND, DL14 7GF - £194,500

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.

8 VAN MILDERT CLOSE is a very small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £213,045. It was last sold for £194,500 in September 2023, which was around 10% below the average September 2023 detached price in the County Durham local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

8 VAN MILDERT CLOSE Sold Prices

Land registry data shows three sales for 8 VAN MILDERT 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. Two of the three 8 VAN MILDERT CLOSE sales were for below the average price, whilst one was 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
2023 21 SEP	£194,500	£215,607	10% below HPI
2006 27 OCT	£167,000	£188,045	11% below HPI
2003 26 NOV	£137,000	£126,991	8% above HPI

8 VAN MILDERT 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 VAN MILDERT CLOSE sales between November 2003 and September 2023 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 8 VAN MILDERT CLOSE be worth now?

8 VAN MILDERT CLOSE might now be worth an estimated £213,045.

This is based on house price inflation of 9.5%, between September 2023 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 9.5% inflationary increase is applied to the most recent sale price for 8 VAN MILDERT CLOSE of £194,500 on 21st September 2023. For the value to have increased from £194,500 to £213,045 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 8 VAN MILDERT CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2023 sale price of £194,500 represented a fair market value for the property.
• The size, condition, and specification of 8 VAN MILDERT CLOSE has not materially changed since September 2023.

How Large is 8 VAN MILDERT CLOSE?

8 VAN MILDERT CLOSE is 80m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses houses in Bishop Auckland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bishop Auckland, and where 8 VAN MILDERT CLOSE lies on this distribution: 14% of detached houses houses are smaller than 8 VAN MILDERT CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bishop Auckland.

8 VAN MILDERT CLOSE: Plot and Title Map

8 VAN MILDERT CLOSE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 8 VAN MILDERT 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 VAN MILDERT 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 VAN MILDERT CLOSE?

8 VAN MILDERT CLOSE is located in BISHOP AUCKLAND, in the DL14 postcode district. The below map shows the position of No. 8 on VAN MILDERT CLOSE.