23, FERENS CLOSE, DURHAM, DH1 1JX - £277,000

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

23 FERENS CLOSE is a very small detached house of 95m², built sometime between 1976 and 1982. It was last sold for £277,000 in July 2012, which was around 73% above the average July 2012 detached price in the County Durham local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

23 FERENS CLOSE Sold Prices

Land registry data shows two sales for 23 FERENS CLOSE since 1^st 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 23 FERENS 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
2012 16 JUL	£277,000	£160,086	73% above HPI
2009 30 OCT	£200,000	£173,826	15% above HPI

23 FERENS 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 two 23 FERENS CLOSE sales from October 2009 and July 2012 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 October 2009 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the July 2012 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is 23 FERENS CLOSE?

23 FERENS CLOSE is 95m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where 23 FERENS CLOSE lies on this distribution: 18% of detached houses are smaller than 23 FERENS CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Durham.

23 FERENS CLOSE: Plot and Title Map

23 FERENS CLOSE sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 23 FERENS 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 23 FERENS 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 23 FERENS CLOSE?

23 FERENS CLOSE is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 23 on FERENS CLOSE.