47, TILERY CLOSE, BOWBURN, DURHAM, DH6 5FH - £185,000

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

47 TILERY CLOSE is a small detached house of 90m², which could now be worth an estimated £202,926. It was last sold for £185,000 in March 2024, which was around 13% below the average March 2024 detached price in the County Durham local authority area. The most recent EPC inspection was November 2020, where the current energy rating was B, and the potential energy rating was A.

47 TILERY CLOSE Sold Prices

Land registry data shows three sales for 47 TILERY 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. Two of the three 47 TILERY CLOSE sales were for below the average price, whilst one was 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 8 MAR	£185,000	£213,859	13% below HPI
2023 30 NOV	£200,000	£215,980	7% below HPI
2020 18 DEC	£199,950	£186,646	7% above HPI

47 TILERY 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 47 TILERY CLOSE sales between December 2020 and March 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 November 2023 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2024 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 47 TILERY CLOSE be worth now?

47 TILERY CLOSE might now be worth an estimated £202,926.

This is based on house price inflation of 9.7%, between March 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 9.7% inflationary increase is applied to the most recent sale price for 47 TILERY CLOSE of £185,000 on 8th March 2024. For the value to have increased from £185,000 to £202,926 over the three months to December 2024, the following assumptions must hold true:

• The value of 47 TILERY CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2024 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 47 TILERY CLOSE has not materially changed since March 2024.

How Large is 47 TILERY CLOSE?

47 TILERY CLOSE is 90m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 30% of detached houses houses in Bowburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bowburn, and where 47 TILERY CLOSE lies on this distribution: 23% of detached houses houses are smaller than 47 TILERY CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Bowburn.

47 TILERY CLOSE: Plot and Title Map

47 TILERY CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 47 TILERY 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 47 TILERY 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 47 TILERY CLOSE?

47 TILERY CLOSE is located in BOWBURN, in the DH6 postcode district. The below map shows the position of No. 47 on TILERY CLOSE.