2, FERENS CLOSE, DURHAM, DH1 1JX - £260,000

2 FERENS CLOSE is a small extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £260,000 in July 2004, which was around 76% above the average July 2004 detached price in the County Durham local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

2 FERENS CLOSE Sold Prices

Land registry data shows two sales for 2 FERENS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 2 FERENS 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
2004 2 JUL	£260,000	£148,124	76% above HPI
1999 30 JUN	£90,000	£73,392	23% above HPI

2 FERENS 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 two 2 FERENS CLOSE sales from June 1999 and July 2004 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 June 1999 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2004 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is 2 FERENS CLOSE?

2 FERENS CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses in Durham, based on EPC data. The below chart shows the distribution of detached houses by size in Durham, and where 2 FERENS CLOSE lies on this distribution: 35% of detached houses are smaller than 2 FERENS CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Durham.

2 FERENS CLOSE: Plot and Title Map

2 FERENS CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 2 FERENS 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 2 FERENS 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 2 FERENS CLOSE?

2 FERENS CLOSE is located in DURHAM, in the DH1 postcode district. The below map shows the position of No. 2 on FERENS CLOSE.