2, MALTBY CLOSE, AUCKLAND PARK, BISHOP AUCKLAND, DL14 8SF - £115,000

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 MALTBY CLOSE is a very small extended semi-detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £163,311. It was last sold for £115,000 in May 2018, which was around 18% above the average May 2018 semi-detached price in the County Durham local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

2 MALTBY CLOSE Sold Prices

Land registry data shows five sales for 2 MALTBY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the five 2 MALTBY 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
2018 11 MAY	£115,000	£97,199	18% above HPI
2007 30 MAR	£124,950	£109,577	14% above HPI
2006 26 MAY	£110,000	£105,717	4% above HPI
2003 10 OCT	£74,950	£69,104	8% above HPI
1997 1 AUG	£46,600	£40,753	14% above HPI

2 MALTBY 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 five 2 MALTBY CLOSE sales between August 1997 and May 2018 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 March 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2018 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 2 MALTBY CLOSE be worth now?

2 MALTBY CLOSE might now be worth an estimated £163,311.

This is based on house price inflation of 42%, between May 2018 and August 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 42% inflationary increase is applied to the most recent sale price for 2 MALTBY CLOSE of £115,000 on 11th May 2018. For the value to have increased from £115,000 to £163,311 over the six years and nine months to August 2025, the following assumptions must hold true:

• The value of 2 MALTBY CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The May 2018 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MALTBY CLOSE has not materially changed since May 2018.

How Large is 2 MALTBY CLOSE?

2 MALTBY CLOSE is 79m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of semi-detached houses houses in Bishop Auckland, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bishop Auckland, and where 2 MALTBY CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 2 MALTBY CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bishop Auckland.

2 MALTBY CLOSE: Plot and Title Map

2 MALTBY CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 2 MALTBY 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 MALTBY 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 MALTBY CLOSE?

2 MALTBY CLOSE is located in AUCKLAND PARK, in the DL14 postcode district. The below map shows the position of No. 2 on MALTBY CLOSE.