2, ASHTREE CLOSE, NEWTON AYCLIFFE, DL5 4FD - £160,000

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.

2 ASHTREE CLOSE is a detached house, which could now be worth an estimated £199,900. It was last sold for £160,000 in November 2006, which was around 15% below the average November 2006 detached price in the County Durham local authority area.

2 ASHTREE CLOSE Sold Prices

Land registry data shows three sales for 2 ASHTREE 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. The three 2 ASHTREE CLOSE sales were a mix of below the average price, and roughly equal to 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
2006 27 NOV	£160,000	£187,575	15% below HPI
2006 10 JUL	£158,000	£184,919	15% below HPI
2003 4 AUG	£122,000	£121,834	Close to HPI

What might 2 ASHTREE CLOSE be worth now?

2 ASHTREE CLOSE might now be worth an estimated £199,900.

This is based on house price inflation of 24.9%, between November 2006 and May 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 24.9% inflationary increase is applied to the most recent sale price for 2 ASHTREE CLOSE of £160,000 on 27th November 2006. For the value to have increased from £160,000 to £199,900 over the twenty years and six months to May 2026, the following assumptions must hold true:

• The value of 2 ASHTREE CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2006 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ASHTREE CLOSE has not materially changed since November 2006.

Where is 2 ASHTREE CLOSE?

2 ASHTREE CLOSE is located in NEWTON AYCLIFFE, in the DL5 postcode district.