1, RAILWAY CLOSE, SHERBURN VILLAGE, DURHAM, DH6 1RN - £205,000

1 RAILWAY CLOSE is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £205,000 in May 2008, which was around 8% above the average May 2008 detached price in the County Durham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

1 RAILWAY CLOSE Sold Prices

Land registry data shows three sales for 1 RAILWAY 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 1 RAILWAY 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
2008 12 MAY	£205,000	£189,347	8% above HPI
2004 21 MAY	£197,000	£137,556	43% above HPI
1996 16 AUG	£90,995	£68,624	33% above HPI

1 RAILWAY 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 1 RAILWAY CLOSE sales between August 1996 and May 2008 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 2004 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the May 2008 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 1 RAILWAY CLOSE?

1 RAILWAY CLOSE is 80m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses in Sherburn, based on EPC data. The below chart shows the distribution of detached houses by size in Sherburn, and where 1 RAILWAY CLOSE lies on this distribution: 9% of detached houses are smaller than 1 RAILWAY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Sherburn.

1 RAILWAY CLOSE: Plot and Title Map

1 RAILWAY CLOSE sits on a plot of roughly 0.088 of an acre, or 354m². The below map shows the location of 1 RAILWAY 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 1 RAILWAY 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 1 RAILWAY CLOSE?

1 RAILWAY CLOSE is located in SHERBURN VILLAGE, in the DH6 postcode district. The below map shows the position of No. 1 on RAILWAY CLOSE.