16, HOWARD CLOSE, WEST CORNFORTH, FERRYHILL, DL17 9LF - £105,000

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.

16 HOWARD CLOSE is a very small terraced house of 83m², built sometime between 2007 and 2011, which could now be worth an estimated £153,238. It was last sold for £105,000 in March 2020, which was around 34% above the average March 2020 terraced price in the County Durham local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

16 HOWARD CLOSE Sold Prices

Land registry data shows two sales for 16 HOWARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Both of the two 16 HOWARD 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
2020 17 MAR	£105,000	£78,503	34% above HPI
2011 19 AUG	£95,000	£80,511	18% above HPI

16 HOWARD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The two 16 HOWARD CLOSE sales from August 2011 and March 2020 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 August 2011 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2020 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 16 HOWARD CLOSE be worth now?

16 HOWARD CLOSE might now be worth an estimated £153,238.

This is based on house price inflation of 45.9%, between March 2020 and April 2026, for terraced 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 45.9% inflationary increase is applied to the most recent sale price for 16 HOWARD CLOSE of £105,000 on 17th March 2020. For the value to have increased from £105,000 to £153,238 over the five years and eleven months to April 2026, the following assumptions must hold true:

• The value of 16 HOWARD CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The March 2020 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HOWARD CLOSE has not materially changed since March 2020.

How Large is 16 HOWARD CLOSE?

16 HOWARD CLOSE is 83m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of terraced houses houses in Cornforth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cornforth, and where 16 HOWARD CLOSE lies on this distribution: 8% of terraced houses houses are smaller than 16 HOWARD CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Cornforth.

16 HOWARD CLOSE: Plot and Title Map

16 HOWARD CLOSE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 16 HOWARD 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 HOWARD 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 HOWARD CLOSE?

16 HOWARD CLOSE is located in WEST CORNFORTH, in the DL17 postcode district. The below map shows the position of No. 16 on HOWARD CLOSE.