7, HOWARD CLOSE, WEST CORNFORTH, FERRYHILL, DL17 9LF - £99,999

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.

7 HOWARD CLOSE is a very small terraced house of 90m², built sometime from 2007 onwards, which could now be worth an estimated £123,971. It was last sold for £99,999 in May 2021, which was around 8% above the average May 2021 terraced price in the County Durham local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

7 HOWARD CLOSE Sold Prices

Land registry data shows three sales for 7 HOWARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the three 7 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
2021 14 MAY	£99,999	£92,414	8% above HPI
2013 29 MAY	£85,000	£76,721	11% above HPI
2011 30 JUN	£92,500	£81,146	14% above HPI

7 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 three 7 HOWARD CLOSE sales between June 2011 and May 2021 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 2013 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 7 HOWARD CLOSE be worth now?

7 HOWARD CLOSE might now be worth an estimated £123,971.

This is based on house price inflation of 24%, between May 2021 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 24% inflationary increase is applied to the most recent sale price for 7 HOWARD CLOSE of £99,999 on 14th May 2021. For the value to have increased from £99,999 to £123,971 over the five years and one month to April 2026, the following assumptions must hold true:

• The value of 7 HOWARD CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The May 2021 sale price of £99,999 represented a fair market value for the property.
• The size, condition, and specification of 7 HOWARD CLOSE has not materially changed since May 2021.

How Large is 7 HOWARD CLOSE?

7 HOWARD CLOSE is 90m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% 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 7 HOWARD CLOSE lies on this distribution: 14% of terraced houses houses are smaller than 7 HOWARD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Cornforth.

7 HOWARD CLOSE: Plot and Title Map

7 HOWARD CLOSE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 7 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 7 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 7 HOWARD CLOSE?

7 HOWARD CLOSE is located in WEST CORNFORTH, in the DL17 postcode district. The below map shows the position of No. 7 on HOWARD CLOSE.