2, CRANSON CLOSE, BOWBURN, DURHAM, DH6 5BF - £194,950

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.

2 CRANSON CLOSE is a large detached house of 112m², built in 2018, which could now be worth an estimated £273,600. It was last sold for £194,950 in June 2018, which was around 14% above the average June 2018 detached price in the County Durham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was A.

2 CRANSON CLOSE Sold Prices

Land registry data shows one sale for 2 CRANSON CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the County Durham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 29 JUN	£194,950	£170,366	14% above HPI

What might 2 CRANSON CLOSE be worth now?

2 CRANSON CLOSE might now be worth an estimated £273,600.

This is based on house price inflation of 40.3%, between June 2018 and July 2026, for 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 40.3% inflationary increase is applied to the most recent sale price for 2 CRANSON CLOSE of £194,950 on 29th June 2018. For the value to have increased from £194,950 to £273,600 over the seven years and eleven months to July 2026, the following assumptions must hold true:

• The value of 2 CRANSON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2018 sale price of £194,950 represented a fair market value for the property.
• The size, condition, and specification of 2 CRANSON CLOSE has not materially changed since June 2018.

How Large is 2 CRANSON CLOSE?

2 CRANSON CLOSE is 112m² according to the EPC inspection conducted in April 2018. This puts it in the largest 40% of detached houses in Bowburn, based on EPC data. The below chart shows the distribution of detached houses by size in Bowburn, and where 2 CRANSON CLOSE lies on this distribution: 64% of detached houses are smaller than 2 CRANSON CLOSE, and 33% of detached houses are larger. Note that EPC data is not available for all properties in Bowburn.

2 CRANSON CLOSE: Plot

2 CRANSON CLOSE sits on a plot of roughly 0.057 of an acre, or 231m².

Where is 2 CRANSON CLOSE?

2 CRANSON CLOSE is located in BOWBURN, in the DH6 postcode district.