38, RAILWAY CLOSE, SHERBURN VILLAGE, DURHAM, DH6 1RN - £110,000

38 RAILWAY CLOSE is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £110,000 in December 2002, which was around 8% above the average December 2002 detached price in the County Durham local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

38 RAILWAY CLOSE Sold Prices

Land registry data shows two sales for 38 RAILWAY 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. One of the two 38 RAILWAY CLOSE sales was for above the average price, whilst the other was roughly equal to 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
2002 13 DEC	£110,000	£101,980	8% above HPI
1996 18 SEP	£67,995	£67,927	Close to HPI

38 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 two 38 RAILWAY CLOSE sales from September 1996 and December 2002 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 September 1996 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2002 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 38 RAILWAY CLOSE?

38 RAILWAY CLOSE is 79m² according to the EPC inspection conducted in April 2011. 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 38 RAILWAY CLOSE lies on this distribution: 7% of detached houses are smaller than 38 RAILWAY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Sherburn.

38 RAILWAY CLOSE: Plot and Title Map

38 RAILWAY CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 38 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 38 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 38 RAILWAY CLOSE?

38 RAILWAY CLOSE is located in SHERBURN VILLAGE, in the DH6 postcode district. The below map shows the position of No. 38 on RAILWAY CLOSE.