7, AUGUSTINE CLOSE, FRAMWELLGATE MOOR, DURHAM, DH1 5FE - £240,000

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.

7 AUGUSTINE CLOSE is a very small extended detached house of 86m², built sometime between 1996 and 2002, which could now be worth an estimated £280,059. It was last sold for £240,000 in September 2021, which was around 18% above the average September 2021 detached price in the County Durham local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

7 AUGUSTINE CLOSE Sold Prices

Land registry data shows two sales for 7 AUGUSTINE 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. Both of the two 7 AUGUSTINE 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
2021 17 SEP	£240,000	£204,046	18% above HPI
1998 26 MAR	£75,950	£72,843	4% above HPI

7 AUGUSTINE 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 7 AUGUSTINE CLOSE sales from March 1998 and September 2021 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 1998 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 7 AUGUSTINE CLOSE be worth now?

7 AUGUSTINE CLOSE might now be worth an estimated £280,059.

This is based on house price inflation of 16.7%, between September 2021 and April 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 16.7% inflationary increase is applied to the most recent sale price for 7 AUGUSTINE CLOSE of £240,000 on 17th September 2021. For the value to have increased from £240,000 to £280,059 over the five years and five months to April 2026, the following assumptions must hold true:

• The value of 7 AUGUSTINE CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 7 AUGUSTINE CLOSE has not materially changed since September 2021.

How Large is 7 AUGUSTINE CLOSE?

7 AUGUSTINE CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% 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 7 AUGUSTINE CLOSE lies on this distribution: 11% of detached houses houses are smaller than 7 AUGUSTINE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Durham.

7 AUGUSTINE CLOSE: Plot and Title Map

7 AUGUSTINE CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 7 AUGUSTINE 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 7 AUGUSTINE 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 7 AUGUSTINE CLOSE?

7 AUGUSTINE CLOSE is located in FRAMWELLGATE MOOR, in the DH1 postcode district. The below map shows the position of No. 7 on AUGUSTINE CLOSE.