16, FORGE CLOSE, BOWBURN, DURHAM, DH6 5FL - £249,950

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.

16 FORGE CLOSE is a small detached house of 102m², built in 2023, which could now be worth an estimated £277,183. It was last sold for £249,950 in September 2023, which was around 16% above the average September 2023 detached price in the County Durham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was B, and the potential energy rating was A.

16 FORGE CLOSE Sold Prices

Land registry data shows one sale for 16 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
2023 29 SEP	£249,950	£215,607	16% above HPI

What might 16 FORGE CLOSE be worth now?

16 FORGE CLOSE might now be worth an estimated £277,183.

This is based on house price inflation of 10.9%, between September 2023 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 10.9% inflationary increase is applied to the most recent sale price for 16 FORGE CLOSE of £249,950 on 29th September 2023. For the value to have increased from £249,950 to £277,183 over the three years and two months to July 2026, the following assumptions must hold true:

• The value of 16 FORGE CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2023 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 16 FORGE CLOSE has not materially changed since September 2023.

How Large is 16 FORGE CLOSE?

16 FORGE CLOSE is 102m² according to the EPC inspection conducted in September 2023. This puts it in the largest 50% of detached houses in Bowburn, based on EPC data. The below chart shows the distribution of detached houses by size in Bowburn, and where 16 FORGE CLOSE lies on this distribution: 39% of detached houses are smaller than 16 FORGE CLOSE, and 50% of detached houses are larger. Note that EPC data is not available for all properties in Bowburn.

16 FORGE CLOSE: Plot

16 FORGE CLOSE sits on a plot of roughly 0.062 of an acre, or 250m².

Where is 16 FORGE CLOSE?

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