3, ALDERLEA CLOSE, DURHAM, DH1 1DS - £265,000

3 ALDERLEA CLOSE is a very small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £265,000 in July 2022, which was around 27% above the average July 2022 detached price in the County Durham local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

3 ALDERLEA CLOSE Sold Prices

Land registry data shows two sales for 3 ALDERLEA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. One of the two 3 ALDERLEA CLOSE sales was for above the average price, whilst the other was for below 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 8 JUL	£265,000	£209,115	27% above HPI
2013 6 NOV	£120,000	£155,892	23% below HPI

3 ALDERLEA 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 two 3 ALDERLEA CLOSE sales from November 2013 and July 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 November 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2022 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 3 ALDERLEA CLOSE?

3 ALDERLEA CLOSE is 92m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where 3 ALDERLEA CLOSE lies on this distribution: 16% of detached houses are smaller than 3 ALDERLEA CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Durham.

3 ALDERLEA CLOSE: Plot and Title Map

3 ALDERLEA CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 3 ALDERLEA 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 3 ALDERLEA 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 3 ALDERLEA CLOSE?

3 ALDERLEA CLOSE is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 3 on ALDERLEA CLOSE.