5, SMITH CLOSE, SHERBURN VILLAGE, DURHAM, DH6 1RG - £196,000

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

5 SMITH CLOSE is a very large detached house of 144m², built sometime between 1996 and 2002, which could now be worth an estimated £271,266. It was last sold for £196,000 in July 2009, which was around 16% above the average July 2009 detached price in the County Durham local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

5 SMITH CLOSE Sold Prices

Land registry data shows two sales for 5 SMITH 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 5 SMITH 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
2009 30 JUL	£196,000	£169,494	16% above HPI
1997 19 DEC	£109,995	£72,733	51% above HPI

5 SMITH 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 5 SMITH CLOSE sales from December 1997 and July 2009 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 1997 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the July 2009 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 5 SMITH CLOSE be worth now?

5 SMITH CLOSE might now be worth an estimated £271,266.

This is based on house price inflation of 38.4%, between July 2009 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 38.4% inflationary increase is applied to the most recent sale price for 5 SMITH CLOSE of £196,000 on 30th July 2009. For the value to have increased from £196,000 to £271,266 over the fourteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 5 SMITH CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2009 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SMITH CLOSE has not materially changed since July 2009.

How Large is 5 SMITH CLOSE?

5 SMITH CLOSE is 144m² according to the EPC inspection conducted in April 2009. This puts it in the largest 10% of detached houses houses in Sherburn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sherburn, and where 5 SMITH CLOSE lies on this distribution: 97% of detached houses houses are smaller than 5 SMITH CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Sherburn.

5 SMITH CLOSE: Plot and Title Map

5 SMITH CLOSE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 5 SMITH 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 5 SMITH 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 5 SMITH CLOSE?

5 SMITH CLOSE is located in SHERBURN VILLAGE, in the DH6 postcode district. The below map shows the position of No. 5 on SMITH CLOSE.