16, CORSCOMBE CLOSE, FERRYHILL, DL17 8DB - £139,950

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.

16 CORSCOMBE CLOSE is a small extended semi-detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £154,824. It was last sold for £139,950 in November 2023, which was around 12% above the average November 2023 semi-detached price in the County Durham local authority area. The most recent EPC inspection was June 2023, where the current energy rating was E, and the potential energy rating was C.

16 CORSCOMBE CLOSE Sold Prices

Land registry data shows three sales for 16 CORSCOMBE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the three 16 CORSCOMBE 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
2023 24 NOV	£139,950	£124,730	12% above HPI
2002 22 NOV	£59,950	£54,826	9% above HPI
1996 11 OCT	£52,500	£38,584	36% above HPI

16 CORSCOMBE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The three 16 CORSCOMBE CLOSE sales between October 1996 and November 2023 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 2002 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2023 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 16 CORSCOMBE CLOSE be worth now?

16 CORSCOMBE CLOSE might now be worth an estimated £154,824.

This is based on house price inflation of 10.6%, between November 2023 and May 2026, for semi-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 10.6% inflationary increase is applied to the most recent sale price for 16 CORSCOMBE CLOSE of £139,950 on 24th November 2023. For the value to have increased from £139,950 to £154,824 over the three years and six months to May 2026, the following assumptions must hold true:

• The value of 16 CORSCOMBE CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The November 2023 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of 16 CORSCOMBE CLOSE has not materially changed since November 2023.

How Large is 16 CORSCOMBE CLOSE?

16 CORSCOMBE CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of semi-detached houses houses in Ferryhill, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ferryhill, and where 16 CORSCOMBE CLOSE lies on this distribution: 21% of semi-detached houses houses are smaller than 16 CORSCOMBE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Ferryhill.

16 CORSCOMBE CLOSE: Plot and Title Map

16 CORSCOMBE CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 16 CORSCOMBE 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 16 CORSCOMBE 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 16 CORSCOMBE CLOSE?

16 CORSCOMBE CLOSE is located in FERRYHILL, in the DL17 postcode district. The below map shows the position of No. 16 on CORSCOMBE CLOSE.