16, GAMUL CLOSE, NEWTON AYCLIFFE, DL5 7QW - £93,750

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.

16 GAMUL CLOSE is a very small semi-detached house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £135,439. It was last sold for £93,750 in June 2014, which was around 1% below the average June 2014 semi-detached price in the County Durham local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

16 GAMUL CLOSE Sold Prices

Land registry data shows four sales for 16 GAMUL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. two of the four 16 GAMUL CLOSE sales were for below the average price, and four 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
2014 27 JUN	£93,750	£94,249	1% below HPI
2013 22 NOV	£88,000	£91,802	4% below HPI
2002 26 JUL	£55,500	£51,079	9% above HPI
2001 22 MAY	£51,050	£43,412	18% above HPI

16 GAMUL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The four 16 GAMUL CLOSE sales between May 2001 and June 2014 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 November 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2014 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 16 GAMUL CLOSE be worth now?

16 GAMUL CLOSE might now be worth an estimated £135,439.

This is based on house price inflation of 44.5%, between June 2014 and February 2025, for semi-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 44.5% inflationary increase is applied to the most recent sale price for 16 GAMUL CLOSE of £93,750 on 27th June 2014. For the value to have increased from £93,750 to £135,439 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 16 GAMUL CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The June 2014 sale price of £93,750 represented a fair market value for the property.
• The size, condition, and specification of 16 GAMUL CLOSE has not materially changed since June 2014.

How Large is 16 GAMUL CLOSE?

16 GAMUL CLOSE is 55m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of semi-detached houses houses in Newton Aycliffe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Newton Aycliffe, and where 16 GAMUL CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 16 GAMUL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

16 GAMUL CLOSE: Plot and Title Map

16 GAMUL CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 16 GAMUL 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 16 GAMUL 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 16 GAMUL CLOSE?

16 GAMUL CLOSE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 16 on GAMUL CLOSE.