FERNLEIGH, SHERBURN ROAD, DURHAM, DH1 2JW - £122,500

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

FERNLEIGH is a very small detached house of 91m², built sometime between 1930 and 1949, which could now be worth an estimated £164,950. It was last sold for £122,500 in November 2019, which was around 30% below the average November 2019 detached price in the County Durham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

FERNLEIGH Sold Prices

Land registry data shows three sales for FERNLEIGH 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 FERNLEIGH sales 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
2019 29 NOV	£122,500	£174,211	30% below HPI
2016 18 JAN	£108,000	£164,817	34% below HPI
2000 19 SEP	£75,000	£84,693	11% below HPI

FERNLEIGH 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 FERNLEIGH sales between September 2000 and November 2019 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 January 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might FERNLEIGH be worth now?

FERNLEIGH might now be worth an estimated £164,950.

This is based on house price inflation of 34.7%, between November 2019 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 34.7% inflationary increase is applied to the most recent sale price for FERNLEIGH of £122,500 on 29th November 2019. For the value to have increased from £122,500 to £164,950 over the four years and eleven months to December 2024, the following assumptions must hold true:

• The value of FERNLEIGH has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2019 sale price of £122,500 represented a fair market value for the property.
• The size, condition, and specification of FERNLEIGH has not materially changed since November 2019.

How Large is FERNLEIGH?

FERNLEIGH is 91m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% 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 FERNLEIGH lies on this distribution: 15% of detached houses houses are smaller than FERNLEIGH, and 84% of houses are larger. Note that EPC data is not available for all properties in Durham.

FERNLEIGH: Plot and Title Map

FERNLEIGH sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of FERNLEIGH, 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 FERNLEIGH). 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 FERNLEIGH?

FERNLEIGH is located on SHERBURN ROAD in DURHAM, in the DH1 postcode district. The below map shows the position of FERNLEIGH on SHERBURN ROAD.