2, PARK VIEW, STANHOPE, BISHOP AUCKLAND, DL13 2UA - £325,000

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

2 PARK VIEW is a very large detached house of 230m², built sometime between 2003 and 2006. It was last sold for £325,000 in July 2012, which was around 103% above the average July 2012 detached price in the County Durham local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

2 PARK VIEW Sold Prices

Land registry data shows two sales for 2 PARK VIEW 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. One of the two 2 PARK VIEW sales was for above the average price, whilst the other was 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
2012 2 JUL	£325,000	£160,086	103% above HPI
2003 14 NOV	£70,000	£123,539	43% below HPI

2 PARK VIEW 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 2 PARK VIEW sales from November 2003 and July 2012 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 2003 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2012 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is 2 PARK VIEW?

2 PARK VIEW is 230m² according to the EPC inspection conducted in July 2009. This puts it in the largest 20% of detached houses in Stanhope, based on EPC data. The below chart shows the distribution of detached houses by size in Stanhope, and where 2 PARK VIEW lies on this distribution: 88% of detached houses are smaller than 2 PARK VIEW, and 13% of houses are larger. Note that EPC data is not available for all properties in Stanhope.

2 PARK VIEW: Plot and Title Map

2 PARK VIEW sits on a plot of roughly 2.1 acres, or 8,399m². The below map shows the location of 2 PARK VIEW, 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 2 PARK VIEW). 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 2 PARK VIEW?

2 PARK VIEW is located in STANHOPE, in the DL13 postcode district. The below map shows the position of No. 2 on PARK VIEW.