18, NETHERTON CLOSE, LANGLEY PARK, DURHAM, DH7 9FB - £129,950

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.

18 NETHERTON CLOSE is a very small semi-detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £177,096. It was last sold for £129,950 in November 2010, which was around 28% above the average November 2010 semi-detached price in the County Durham local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

18 NETHERTON CLOSE Sold Prices

Land registry data shows four sales for 18 NETHERTON 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. All of the four 18 NETHERTON 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
2010 12 NOV	£129,950	£101,252	28% above HPI
2005 19 SEP	£127,500	£103,545	23% above HPI
1998 2 FEB	£44,000	£39,440	12% above HPI
1996 6 JUN	£41,000	£38,998	5% above HPI

18 NETHERTON 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 18 NETHERTON CLOSE sales between June 1996 and November 2010 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 September 2005 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2010 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 18 NETHERTON CLOSE be worth now?

18 NETHERTON CLOSE might now be worth an estimated £177,096.

This is based on house price inflation of 36.3%, between November 2010 and May 2026, 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 36.3% inflationary increase is applied to the most recent sale price for 18 NETHERTON CLOSE of £129,950 on 12th November 2010. For the value to have increased from £129,950 to £177,096 over the sixteen years and six months to May 2026, the following assumptions must hold true:

• The value of 18 NETHERTON CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The November 2010 sale price of £129,950 represented a fair market value for the property.
• The size, condition, and specification of 18 NETHERTON CLOSE has not materially changed since November 2010.

How Large is 18 NETHERTON CLOSE?

18 NETHERTON CLOSE is 72m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of semi-detached houses houses in Langley Park, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Langley Park, and where 18 NETHERTON CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 18 NETHERTON CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Langley Park.

18 NETHERTON CLOSE: Plot and Title Map

18 NETHERTON CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 18 NETHERTON 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 18 NETHERTON 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 18 NETHERTON CLOSE?

18 NETHERTON CLOSE is located in LANGLEY PARK, in the DH7 postcode district. The below map shows the position of No. 18 on NETHERTON CLOSE.