17, RAILWAY CLOSE, SHERBURN VILLAGE, DURHAM, DH6 1RN - £217,500

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.

17 RAILWAY CLOSE is a very large detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £329,461. It was last sold for £217,500 in August 2004, which was around 40% above the average August 2004 detached price in the County Durham local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

17 RAILWAY CLOSE Sold Prices

Land registry data shows three sales for 17 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 17 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
2004 26 AUG	£217,500	£155,908	40% above HPI
1999 24 SEP	£91,500	£79,281	15% above HPI
1997 7 MAR	£85,995	£68,715	25% above HPI

17 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 17 RAILWAY CLOSE sales between March 1997 and August 2004 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 September 1999 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2004 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 17 RAILWAY CLOSE be worth now?

17 RAILWAY CLOSE might now be worth an estimated £329,461.

This is based on house price inflation of 51.5%, between August 2004 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 51.5% inflationary increase is applied to the most recent sale price for 17 RAILWAY CLOSE of £217,500 on 26th August 2004. For the value to have increased from £217,500 to £329,461 over the 21 years and six months to February 2025, the following assumptions must hold true:

• The value of 17 RAILWAY CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2004 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 17 RAILWAY CLOSE has not materially changed since August 2004.

How Large is 17 RAILWAY CLOSE?

17 RAILWAY CLOSE is 125m² according to the EPC inspection conducted in July 2013. This puts it in the largest 10% of detached houses houses in Sherburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sherburn, and where 17 RAILWAY CLOSE lies on this distribution: 91% of detached houses houses are smaller than 17 RAILWAY CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Sherburn.

17 RAILWAY CLOSE: Plot and Title Map

17 RAILWAY CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 17 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 17 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 17 RAILWAY CLOSE?

17 RAILWAY CLOSE is located in SHERBURN VILLAGE, in the DH6 postcode district. The below map shows the position of No. 17 on RAILWAY CLOSE.