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
2 LADY DURHAM CLOSE is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £186,000 in August 2007, which was around 2% below the average August 2007 detached price in the County Durham local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 LADY DURHAM CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. One of the two 2 LADY DURHAM CLOSE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2007 10 AUG | £186,000 | £190,032 | 2% below HPI |
1997 20 JUN | £69,995 | £69,882 | Close to HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 2 LADY DURHAM CLOSE sales from June 1997 and August 2007 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 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2007 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
2 LADY DURHAM CLOSE is 83m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 20% of detached houses in Sherburn, based on EPC data. The below chart shows the distribution of detached houses by size in Sherburn, and where 2 LADY DURHAM CLOSE lies on this distribution: 12% of detached houses are smaller than 2 LADY DURHAM CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Sherburn.
2 LADY DURHAM CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 2 LADY DURHAM 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 2 LADY DURHAM 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.
2 LADY DURHAM CLOSE is located in SHERBURN VILLAGE, in the DH6 postcode district. The below map shows the position of No. 2 on LADY DURHAM CLOSE.