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 THE CROFT is a midsized extended detached house of 99m², built sometime between 1991 and 1995. It was last sold for £218,000 in January 2023, which was around 1% above the average January 2023 detached price in the County Durham local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 THE CROFT 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. Both of the two 2 THE CROFT 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 |
---|---|---|---|
2023 13 JAN | £218,000 | £215,282 | 1% above HPI |
2016 4 NOV | £177,000 | £163,106 | 9% above 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 THE CROFT sales from November 2016 and January 2023 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 2016 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2023 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.
2 THE CROFT is 99m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 50% of detached houses in Sherburn Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Sherburn Hill, and where 2 THE CROFT lies on this distribution: 55% of detached houses are smaller than 2 THE CROFT, and 43% of houses are larger. Note that EPC data is not available for all properties in Sherburn Hill.
2 THE CROFT sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 2 THE CROFT, 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 THE CROFT). 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 THE CROFT is located in SHERBURN HILL, in the DH6 postcode district. The below map shows the position of No. 2 on THE CROFT.