8, FORGE CLOSE, BOWBURN, DURHAM, DH6 5FL - £189,950

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.

8 FORGE CLOSE is a very small detached house of 86m², built in 2022, which could now be worth an estimated £203,609. It was last sold for £189,950 in December 2022, which was around 15% below the average December 2022 detached price in the County Durham local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was A.

8 FORGE CLOSE Sold Prices

Land registry data shows one sale for 8 FORGE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the County Durham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 22 DEC	£189,950	£223,058	15% below HPI

What might 8 FORGE CLOSE be worth now?

8 FORGE CLOSE might now be worth an estimated £203,609.

This is based on house price inflation of 7.2%, between December 2022 and July 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 7.2% inflationary increase is applied to the most recent sale price for 8 FORGE CLOSE of £189,950 on 22nd December 2022. For the value to have increased from £189,950 to £203,609 over the four years and five months to July 2026, the following assumptions must hold true:

• The value of 8 FORGE CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2022 sale price of £189,950 represented a fair market value for the property.
• The size, condition, and specification of 8 FORGE CLOSE has not materially changed since December 2022.

How Large is 8 FORGE CLOSE?

8 FORGE CLOSE is 86m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in Bowburn, based on EPC data. The below chart shows the distribution of detached houses by size in Bowburn, and where 8 FORGE CLOSE lies on this distribution: 14% of detached houses are smaller than 8 FORGE CLOSE, and 80% of detached houses are larger. Note that EPC data is not available for all properties in Bowburn.

8 FORGE CLOSE: Plot

8 FORGE CLOSE sits on a plot of roughly 0.072 of an acre, or 290m².

Where is 8 FORGE CLOSE?

8 FORGE CLOSE is located in BOWBURN, in the DH6 postcode district.