36, RAILWAY CLOSE, SHERBURN VILLAGE, DURHAM, DH6 1RN - £225,000

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

36 RAILWAY CLOSE is a very small extended detached house of 81m², built sometime between 1996 and 2002. It was last sold for £225,000 in June 2023, which was around 10% above the average June 2023 detached price in the County Durham local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

36 RAILWAY CLOSE Sold Prices

Land registry data shows five sales for 36 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. The five 36 RAILWAY CLOSE sales were a mix of above the average price, roughly equal to the average price, and below 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 27 JUN	£225,000	£203,624	10% above HPI
2012 7 DEC	£135,000	£161,624	16% below HPI
2002 11 NOV	£109,000	£100,325	9% above HPI
2000 19 MAY	£75,000	£78,420	4% below HPI
1996 25 OCT	£68,995	£69,055	Close to HPI

36 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 36 RAILWAY CLOSE sales between October 1996 and June 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 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2023 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 36 RAILWAY CLOSE?

36 RAILWAY CLOSE is 81m², which includes two extensions, according to the EPC inspection conducted in January 2023. 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 36 RAILWAY CLOSE lies on this distribution: 10% of detached houses are smaller than 36 RAILWAY CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Sherburn.

36 RAILWAY CLOSE: Plot and Title Map

36 RAILWAY CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 36 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 36 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 36 RAILWAY CLOSE?

36 RAILWAY CLOSE is located in SHERBURN VILLAGE, in the DH6 postcode district. The below map shows the position of No. 36 on RAILWAY CLOSE.