2, HATFIELD CLOSE, FRAMWELLGATE MOOR, DURHAM, DH1 5FD - £190,000

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 HATFIELD CLOSE is a very small extended detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £221,433. It was last sold for £190,000 in January 2022, which was around 6% below the average January 2022 detached price in the County Durham local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

2 HATFIELD CLOSE Sold Prices

Land registry data shows three sales for 2 HATFIELD 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 2 HATFIELD 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
2022 5 JAN	£190,000	£201,085	6% below HPI
1999 27 AUG	£73,500	£79,396	7% below HPI
1995 13 APR	£69,950	£66,260	6% above HPI

2 HATFIELD 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 2 HATFIELD CLOSE sales between April 1995 and January 2022 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 August 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 HATFIELD CLOSE be worth now?

2 HATFIELD CLOSE might now be worth an estimated £221,433.

This is based on house price inflation of 16.5%, between January 2022 and May 2026, 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 16.5% inflationary increase is applied to the most recent sale price for 2 HATFIELD CLOSE of £190,000 on 5th January 2022. For the value to have increased from £190,000 to £221,433 over the three years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 HATFIELD CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The January 2022 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HATFIELD CLOSE has not materially changed since January 2022.

How Large is 2 HATFIELD CLOSE?

2 HATFIELD CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses houses in Durham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Durham, and where 2 HATFIELD CLOSE lies on this distribution: 10% of detached houses houses are smaller than 2 HATFIELD CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Durham.

2 HATFIELD CLOSE: Plot and Title Map

2 HATFIELD CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 2 HATFIELD 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 HATFIELD 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 HATFIELD CLOSE?

2 HATFIELD CLOSE is located in FRAMWELLGATE MOOR, in the DH1 postcode district. The below map shows the position of No. 2 on HATFIELD CLOSE.