8, THE CROFT, SHERBURN HILL, DURHAM, DH6 1QL - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 THE CROFT is a very large extended detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £271,856. It was last sold for £245,000 in July 2022, which was around 15% above the average July 2022 detached price in the County Durham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

8 THE CROFT Sold Prices

Land registry data shows three sales for 8 THE CROFT 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. One of the three 8 THE CROFT sales was for above the average price, whilst two were for 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
2022 20 JUL	£245,000	£212,834	15% above HPI
2000 12 MAY	£76,500	£80,611	5% below HPI
1995 30 JUN	£67,000	£67,579	1% below HPI

8 THE CROFT 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 8 THE CROFT sales between June 1995 and July 2022 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 May 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 8 THE CROFT be worth now?

8 THE CROFT might now be worth an estimated £271,856.

This is based on house price inflation of 11%, between July 2022 and February 2025, 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 11% inflationary increase is applied to the most recent sale price for 8 THE CROFT of £245,000 on 20th July 2022. For the value to have increased from £245,000 to £271,856 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 8 THE CROFT has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2022 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE CROFT has not materially changed since July 2022.

How Large is 8 THE CROFT?

8 THE CROFT is 124m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 20% of detached houses houses in Sherburn Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sherburn Hill, and where 8 THE CROFT lies on this distribution: 87% of detached houses houses are smaller than 8 THE CROFT, and 13% of houses are larger. Note that EPC data is not available for all properties in Sherburn Hill.

8 THE CROFT: Plot and Title Map

8 THE CROFT sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 8 THE CROFT, 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 8 THE CROFT). 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 8 THE CROFT?

8 THE CROFT is located in SHERBURN HILL, in the DH6 postcode district. The below map shows the position of No. 8 on THE CROFT.