16, HERRINGTON CLOSE, LANGLEY PARK, DURHAM, DH7 9FS - £225,000

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.

16 HERRINGTON CLOSE is a very small detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £262,751. It was last sold for £225,000 in August 2021, which was around 11% above the average August 2021 detached price in the County Durham local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

16 HERRINGTON CLOSE Sold Prices

Land registry data shows three sales for 16 HERRINGTON 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. Two of the three 16 HERRINGTON CLOSE sales were for above the average price, whilst one was for below 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 18 AUG	£225,000	£202,233	11% above HPI
2015 24 JUL	£168,000	£166,233	1% above HPI
1995 15 DEC	£63,450	£68,064	7% below HPI

16 HERRINGTON 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 16 HERRINGTON CLOSE sales between December 1995 and August 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 July 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 16 HERRINGTON CLOSE be worth now?

16 HERRINGTON CLOSE might now be worth an estimated £262,751.

This is based on house price inflation of 16.8%, between August 2021 and February 2025, 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 16.8% inflationary increase is applied to the most recent sale price for 16 HERRINGTON CLOSE of £225,000 on 18th August 2021. For the value to have increased from £225,000 to £262,751 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 16 HERRINGTON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HERRINGTON CLOSE has not materially changed since August 2021.

How Large is 16 HERRINGTON CLOSE?

16 HERRINGTON CLOSE is 71m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses houses in Langley Park, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langley Park, and where 16 HERRINGTON CLOSE lies on this distribution: 6% of detached houses houses are smaller than 16 HERRINGTON CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Langley Park.

16 HERRINGTON CLOSE: Plot and Title Map

16 HERRINGTON CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 16 HERRINGTON 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 16 HERRINGTON 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 16 HERRINGTON CLOSE?

16 HERRINGTON CLOSE is located in LANGLEY PARK, in the DH7 postcode district. The below map shows the position of No. 16 on HERRINGTON CLOSE.