4, CRANSON CLOSE, BOWBURN, DURHAM, DH6 5BF - £233,000

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

4 CRANSON CLOSE is a midsized detached house of 109m². It was last sold for £233,000 in May 2024, which was around 11% above the average May 2024 detached price in the County Durham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

4 CRANSON CLOSE Sold Prices

Land registry data shows two sales for 4 CRANSON 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 4 CRANSON 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
2024 23 MAY	£233,000	£210,133	11% above HPI
2017 11 DEC	£189,950	£168,981	12% above HPI

4 CRANSON 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 4 CRANSON CLOSE sales from December 2017 and May 2024 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 2017 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2024 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 4 CRANSON CLOSE?

4 CRANSON CLOSE is 109m² according to the EPC inspection conducted in November 2017. This puts it in the largest 40% of detached houses in Bowburn, based on EPC data. The below chart shows the distribution of detached houses by size in Bowburn, and where 4 CRANSON CLOSE lies on this distribution: 59% of detached houses are smaller than 4 CRANSON CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Bowburn.

4 CRANSON CLOSE: Plot and Title Map

4 CRANSON CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 4 CRANSON 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 4 CRANSON 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 4 CRANSON CLOSE?

4 CRANSON CLOSE is located in BOWBURN, in the DH6 postcode district. The below map shows the position of No. 4 on CRANSON CLOSE.