16, RAILWAY CLOSE, SHERBURN VILLAGE, DURHAM, DH6 1RN - £264,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 RAILWAY CLOSE is a small extended detached house of 92m², built sometime between 1991 and 1995. It was last sold for £264,500 in October 2022, which was around 22% above the average October 2022 detached price in the County Durham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

16 RAILWAY CLOSE Sold Prices

Land registry data shows three sales for 16 RAILWAY 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 16 RAILWAY 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
2022 31 OCT	£264,500	£216,216	22% above HPI
2020 19 JUN	£183,000	£165,064	11% above HPI
1997 28 FEB	£77,895	£67,013	16% above HPI

16 RAILWAY 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 RAILWAY CLOSE sales between February 1997 and October 2022 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 2020 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 16 RAILWAY CLOSE?

16 RAILWAY CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% of detached houses in Sherburn, based on EPC data. The below chart shows the distribution of detached houses by size in Sherburn, and where 16 RAILWAY CLOSE lies on this distribution: 37% of detached houses are smaller than 16 RAILWAY CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Sherburn.

16 RAILWAY CLOSE: Plot and Title Map

16 RAILWAY CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 16 RAILWAY 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 RAILWAY 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 RAILWAY CLOSE?

16 RAILWAY CLOSE is located in SHERBURN VILLAGE, in the DH6 postcode district. The below map shows the position of No. 16 on RAILWAY CLOSE.