2, RAILWAY CLOSE, SHERBURN VILLAGE, DURHAM, DH6 1RN - £158,704

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 RAILWAY CLOSE is a very small extended semi-detached house of 80m², built sometime between 1991 and 1995, which could now be worth an estimated £231,119. It was last sold for £158,704 in January 2005, which was around 70% above the average January 2005 semi-detached price in the County Durham local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

2 RAILWAY CLOSE Sold Prices

Land registry data shows three sales for 2 RAILWAY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the three 2 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
2005 28 JAN	£158,704	£93,498	70% above HPI
2002 1 AUG	£80,000	£51,774	55% above HPI
1996 16 SEP	£57,995	£37,985	53% above HPI

2 RAILWAY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The three 2 RAILWAY CLOSE sales between September 1996 and January 2005 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 August 2002 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the January 2005 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 2 RAILWAY CLOSE be worth now?

2 RAILWAY CLOSE might now be worth an estimated £231,119.

This is based on house price inflation of 45.6%, between January 2005 and February 2025, for semi-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 45.6% inflationary increase is applied to the most recent sale price for 2 RAILWAY CLOSE of £158,704 on 28th January 2005. For the value to have increased from £158,704 to £231,119 over the nineteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 RAILWAY CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The January 2005 sale price of £158,704 represented a fair market value for the property.
• The size, condition, and specification of 2 RAILWAY CLOSE has not materially changed since January 2005.

How Large is 2 RAILWAY CLOSE?

2 RAILWAY CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of semi-detached houses houses in Sherburn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sherburn, and where 2 RAILWAY CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 2 RAILWAY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Sherburn.

2 RAILWAY CLOSE: Plot and Title Map

2 RAILWAY CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 2 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 2 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 2 RAILWAY CLOSE?

2 RAILWAY CLOSE is located in SHERBURN VILLAGE, in the DH6 postcode district. The below map shows the position of No. 2 on RAILWAY CLOSE.