2, CASTLEREAGH CLOSE, NEWTON AYCLIFFE, DL5 5NB - £75,000

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.

2 CASTLEREAGH CLOSE is a very small extended terraced house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £99,259. It was last sold for £75,000 in December 2009, which was around 14% below the average December 2009 terraced price in the County Durham local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

2 CASTLEREAGH CLOSE Sold Prices

Land registry data shows two sales for 2 CASTLEREAGH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. One of the two 2 CASTLEREAGH CLOSE sales was for below the average price, whilst the other 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
2009 4 DEC	£75,000	£87,493	14% below HPI
1998 22 MAY	£35,500	£31,396	13% above HPI

2 CASTLEREAGH CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The two 2 CASTLEREAGH CLOSE sales from May 1998 and December 2009 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 May 1998 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2009 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 CASTLEREAGH CLOSE be worth now?

2 CASTLEREAGH CLOSE might now be worth an estimated £99,259.

This is based on house price inflation of 32.3%, between December 2009 and July 2025, for terraced 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 32.3% inflationary increase is applied to the most recent sale price for 2 CASTLEREAGH CLOSE of £75,000 on 4th December 2009. For the value to have increased from £75,000 to £99,259 over the sixteen years and five months to July 2025, the following assumptions must hold true:

• The value of 2 CASTLEREAGH CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The December 2009 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CASTLEREAGH CLOSE has not materially changed since December 2009.

How Large is 2 CASTLEREAGH CLOSE?

2 CASTLEREAGH CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of terraced houses houses in Newton Aycliffe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Newton Aycliffe, and where 2 CASTLEREAGH CLOSE lies on this distribution: 15% of terraced houses houses are smaller than 2 CASTLEREAGH CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

2 CASTLEREAGH CLOSE: Plot and Title Map

2 CASTLEREAGH CLOSE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 2 CASTLEREAGH 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 2 CASTLEREAGH 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 2 CASTLEREAGH CLOSE?

2 CASTLEREAGH CLOSE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 2 on CASTLEREAGH CLOSE.