32, RAILWAY CLOSE, SHERBURN VILLAGE, DURHAM, DH6 1RN - £260,000

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

32 RAILWAY CLOSE is a large extended detached house of 107m², built sometime between 1996 and 2002. It was last sold for £260,000 in October 2023, which was around 24% above the average October 2023 detached price in the County Durham local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

32 RAILWAY CLOSE Sold Prices

Land registry data shows five sales for 32 RAILWAY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Most of the five 32 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
2023 19 OCT	£260,000	£210,372	24% above HPI
2008 23 DEC	£160,000	£172,233	7% below HPI
2004 7 MAY	£190,000	£137,556	38% above HPI
2003 24 JAN	£135,000	£103,272	31% above HPI
1997 6 JUN	£86,995	£69,882	24% above HPI

32 RAILWAY 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 five 32 RAILWAY CLOSE sales between June 1997 and October 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 December 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2023 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 32 RAILWAY CLOSE?

32 RAILWAY CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses in Sherburn, based on EPC data. The below chart shows the distribution of detached houses by size in Sherburn, and where 32 RAILWAY CLOSE lies on this distribution: 67% of detached houses are smaller than 32 RAILWAY CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Sherburn.

32 RAILWAY CLOSE: Plot and Title Map

32 RAILWAY CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 32 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 32 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 32 RAILWAY CLOSE?

32 RAILWAY CLOSE is located in SHERBURN VILLAGE, in the DH6 postcode district. The below map shows the position of No. 32 on RAILWAY CLOSE.