3, SMITH CLOSE, SHERBURN VILLAGE, DURHAM, DH6 1RG - £76,000

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

3 SMITH CLOSE is a very small extended detached house of 81m², built sometime between 1991 and 1995. It was last sold for £76,000 in December 1999, which was around 3% below the average December 1999 detached price in the County Durham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

3 SMITH CLOSE Sold Prices

Land registry data shows two sales for 3 SMITH 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. One of the two 3 SMITH 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
1999 14 DEC	£76,000	£78,012	3% below HPI
1996 24 MAY	£67,000	£67,177	Close to HPI

3 SMITH 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 3 SMITH CLOSE sales from May 1996 and December 1999 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 May 1996 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 1999 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 SMITH CLOSE?

3 SMITH CLOSE is 81m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Sherburn, based on EPC data. The below chart shows the distribution of detached houses by size in Sherburn, and where 3 SMITH CLOSE lies on this distribution: 10% of detached houses are smaller than 3 SMITH CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Sherburn.

3 SMITH CLOSE: Plot and Title Map

3 SMITH CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 3 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 3 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 3 SMITH CLOSE?

3 SMITH CLOSE is located in SHERBURN VILLAGE, in the DH6 postcode district. The below map shows the position of No. 3 on SMITH CLOSE.