15, STANHOPE CLOSE, MEADOWFIELD, DURHAM, DH7 8XE - £95,000

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 STANHOPE CLOSE is a very small semi-detached house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £134,226. It was last sold for £95,000 in September 2015, which was around 1% below the average September 2015 semi-detached price in the County Durham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

15 STANHOPE CLOSE Sold Prices

Land registry data shows five sales for 15 STANHOPE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Most of the five 15 STANHOPE 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
2015 4 SEP	£95,000	£95,865	1% below HPI
2014 23 DEC	£117,000	£91,324	28% above HPI
2010 30 JUL	£123,000	£101,752	21% above HPI
2005 28 APR	£110,000	£97,050	13% above HPI
1996 25 JAN	£44,500	£37,680	18% above HPI

15 STANHOPE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The five 15 STANHOPE CLOSE sales between January 1996 and September 2015 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 2014 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 15 STANHOPE CLOSE be worth now?

15 STANHOPE CLOSE might now be worth an estimated £134,226.

This is based on house price inflation of 41.3%, between September 2015 and December 2024, for semi-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 41.3% inflationary increase is applied to the most recent sale price for 15 STANHOPE CLOSE of £95,000 on 4th September 2015. For the value to have increased from £95,000 to £134,226 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of 15 STANHOPE CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The September 2015 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 15 STANHOPE CLOSE has not materially changed since September 2015.

How Large is 15 STANHOPE CLOSE?

15 STANHOPE CLOSE is 54m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of semi-detached houses houses in Meadowfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Meadowfield, and where 15 STANHOPE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 15 STANHOPE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Meadowfield.

15 STANHOPE CLOSE: Plot and Title Map

15 STANHOPE CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 15 STANHOPE 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 STANHOPE 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 STANHOPE CLOSE?

15 STANHOPE CLOSE is located in MEADOWFIELD, in the DH7 postcode district. The below map shows the position of No. 15 on STANHOPE CLOSE.