15, GIRVAN CLOSE, STANLEY, DH9 6UY - £130,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 GIRVAN CLOSE is a small extended detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £163,387. It was last sold for £130,000 in December 2020, which was around 30% below the average December 2020 detached price in the County Durham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

15 GIRVAN CLOSE Sold Prices

Land registry data shows two sales for 15 GIRVAN 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 15 GIRVAN CLOSE sales were for below 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 3 DEC	£130,000	£186,646	30% below HPI
2012 16 NOV	£130,000	£167,080	22% below HPI

15 GIRVAN 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 15 GIRVAN CLOSE sales from November 2012 and December 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 November 2012 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 15 GIRVAN CLOSE be worth now?

15 GIRVAN CLOSE might now be worth an estimated £163,387.

This is based on house price inflation of 25.7%, between December 2020 and December 2024, 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 25.7% inflationary increase is applied to the most recent sale price for 15 GIRVAN CLOSE of £130,000 on 3rd December 2020. For the value to have increased from £130,000 to £163,387 over the four years to December 2024, the following assumptions must hold true:

• The value of 15 GIRVAN CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2020 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GIRVAN CLOSE has not materially changed since December 2020.

How Large is 15 GIRVAN CLOSE?

15 GIRVAN CLOSE is 90m², which includes two extensions, according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of detached houses houses in Stanley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stanley, and where 15 GIRVAN CLOSE lies on this distribution: 32% of detached houses houses are smaller than 15 GIRVAN CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Stanley.

15 GIRVAN CLOSE: Plot and Title Map

15 GIRVAN CLOSE sits on a plot of roughly 69.3 acres, or 280,563m². The below map shows the location of 15 GIRVAN 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 15 GIRVAN 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 15 GIRVAN CLOSE?

15 GIRVAN CLOSE is located in STANLEY, in the DH9 postcode district. The below map shows the position of No. 15 on GIRVAN CLOSE.