7, KARLES CLOSE, NEWTON AYCLIFFE, DL5 4XH - £350,000

7 KARLES CLOSE is a very large extended detached house of 179m², built sometime between 1996 and 2002. It was last sold for £350,000 in October 2023, which was around 62% above the average October 2023 detached price in the County Durham local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

7 KARLES CLOSE Sold Prices

Land registry data shows three sales for 7 KARLES 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. All of the three 7 KARLES 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
2023 19 OCT	£350,000	£216,349	62% above HPI
2001 29 JUN	£116,000	£81,054	43% above HPI
1997 1 AUG	£99,500	£72,939	36% above HPI

7 KARLES 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 7 KARLES CLOSE sales between August 1997 and October 2023 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 June 2001 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the October 2023 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 7 KARLES CLOSE?

7 KARLES CLOSE is 179m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the largest 10% of detached houses in Newton Aycliffe, based on EPC data. The below chart shows the distribution of detached houses by size in Newton Aycliffe, and where 7 KARLES CLOSE lies on this distribution: 97% of detached houses are smaller than 7 KARLES CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Newton Aycliffe.

7 KARLES CLOSE: Plot and Title Map

7 KARLES CLOSE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 7 KARLES 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 KARLES 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 KARLES CLOSE?

7 KARLES CLOSE is located in NEWTON AYCLIFFE, in the DL5 postcode district. The below map shows the position of No. 7 on KARLES CLOSE.