4, HORNBEAM CLOSE, DURHAM, DH1 1EN - £372,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 HORNBEAM CLOSE is a midsized detached house of 129m², which could now be worth an estimated £408,395. It was last sold for £372,500 in June 2024, which was around 74% above the average June 2024 detached price in the County Durham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

4 HORNBEAM CLOSE Sold Prices

Land registry data shows three sales for 4 HORNBEAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 4 HORNBEAM 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 7 JUN	£372,500	£213,963	74% above HPI
2022 5 JUL	£365,000	£212,834	71% above HPI
2016 1 JUL	£310,000	£168,064	84% above HPI

4 HORNBEAM 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 three 4 HORNBEAM CLOSE sales between July 2016 and June 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 July 2022 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the June 2024 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might 4 HORNBEAM CLOSE be worth now?

4 HORNBEAM CLOSE might now be worth an estimated £408,395.

This is based on house price inflation of 9.6%, between June 2024 and December 2024, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.6% inflationary increase is applied to the most recent sale price for 4 HORNBEAM CLOSE of £372,500 on 7th June 2024. For the value to have increased from £372,500 to £408,395 over the six months to December 2024, the following assumptions must hold true:

• The value of 4 HORNBEAM CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2024 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 4 HORNBEAM CLOSE has not materially changed since June 2024.

How Large is 4 HORNBEAM CLOSE?

4 HORNBEAM CLOSE is 129m² according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses houses in Durham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Durham, and where 4 HORNBEAM CLOSE lies on this distribution: 50% of detached houses houses are smaller than 4 HORNBEAM CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Durham.

4 HORNBEAM CLOSE: Plot and Title Map

4 HORNBEAM CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 4 HORNBEAM 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 HORNBEAM 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 HORNBEAM CLOSE?

4 HORNBEAM CLOSE is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 4 on HORNBEAM CLOSE.