15, PALMER ROAD, DIPTON, STANLEY, DH9 9HY - £122,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 PALMER ROAD is a small extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £122,000 in May 2013, which was around 22% below the average May 2013 detached price in the County Durham local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

15 PALMER ROAD Sold Prices

Land registry data shows four sales for 15 PALMER ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 15 PALMER ROAD 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
2013 20 MAY	£122,000	£157,080	22% below HPI
2005 16 DEC	£149,000	£174,474	15% below HPI
1998 6 NOV	£53,000	£73,089	27% below HPI
1996 15 NOV	£53,000	£69,105	23% below HPI

15 PALMER ROAD 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 four 15 PALMER ROAD sales between November 1996 and May 2013 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 December 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2013 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 15 PALMER ROAD?

15 PALMER ROAD is 100m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% of detached houses in Dipton, based on EPC data. The below chart shows the distribution of detached houses by size in Dipton, and where 15 PALMER ROAD lies on this distribution: 24% of detached houses are smaller than 15 PALMER ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Dipton.

15 PALMER ROAD: Plot and Title Map

15 PALMER ROAD sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 15 PALMER ROAD, 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 PALMER ROAD). 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 PALMER ROAD?

15 PALMER ROAD is located in DIPTON, in the DH9 postcode district. The below map shows the position of No. 15 on PALMER ROAD.