2, SMITH CLOSE, SHERBURN VILLAGE, DURHAM, DH6 1RG - £161,000

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.

2 SMITH CLOSE is a large extended semi-detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £216,167. It was last sold for £161,000 in September 2019, which was around 59% above the average September 2019 semi-detached price in the County Durham local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

2 SMITH CLOSE Sold Prices

Land registry data shows five sales for 2 SMITH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the five 2 SMITH 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
2019 12 SEP	£161,000	£101,411	59% above HPI
2013 15 NOV	£144,000	£91,802	57% above HPI
2001 29 JUN	£72,000	£44,388	62% above HPI
1998 13 NOV	£59,950	£40,332	49% above HPI
1996 22 JUL	£59,995	£38,900	54% above HPI

2 SMITH 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 five 2 SMITH CLOSE sales between July 1996 and September 2019 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 November 2013 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the September 2019 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 2 SMITH CLOSE be worth now?

2 SMITH CLOSE might now be worth an estimated £216,167.

This is based on house price inflation of 34.3%, between September 2019 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 34.3% inflationary increase is applied to the most recent sale price for 2 SMITH CLOSE of £161,000 on 12th September 2019. For the value to have increased from £161,000 to £216,167 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 SMITH CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The September 2019 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SMITH CLOSE has not materially changed since September 2019.

How Large is 2 SMITH CLOSE?

2 SMITH CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 40% 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 SMITH CLOSE lies on this distribution: 67% of semi-detached houses houses are smaller than 2 SMITH CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Sherburn.

2 SMITH CLOSE: Plot and Title Map

2 SMITH CLOSE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 2 SMITH 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 SMITH 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 SMITH CLOSE?

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