2, STAINMORE DRIVE, GREAT LUMLEY, CHESTER LE STREET, DH3 4SH - £360,000

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

2 STAINMORE DRIVE is a very large extended detached house of 178m², built sometime between 1991 and 1995. It was last sold for £360,000 in February 2021, which was around 89% above the average February 2021 detached price in the County Durham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

2 STAINMORE DRIVE Sold Prices

Land registry data shows four sales for 2 STAINMORE DRIVE 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 2 STAINMORE DRIVE 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
2021 15 FEB	£360,000	£190,082	89% above HPI
2005 23 JUN	£285,000	£171,432	66% above HPI
2001 14 DEC	£173,000	£88,573	95% above HPI
1998 13 MAR	£137,000	£72,843	88% above HPI

2 STAINMORE DRIVE 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 2 STAINMORE DRIVE sales between March 1998 and February 2021 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 June 2005 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the February 2021 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might 2 STAINMORE DRIVE be worth now?

2 STAINMORE DRIVE might now be worth an estimated £444,278.

This is based on house price inflation of 23.4%, between February 2021 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 23.4% inflationary increase is applied to the most recent sale price for 2 STAINMORE DRIVE of £360,000 on 15th February 2021. For the value to have increased from £360,000 to £444,278 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 2 STAINMORE DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STAINMORE DRIVE has not materially changed since February 2021.

How Large is 2 STAINMORE DRIVE?

2 STAINMORE DRIVE is 178m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses houses in Great Lumley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Lumley, and where 2 STAINMORE DRIVE lies on this distribution: 96% of detached houses houses are smaller than 2 STAINMORE DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

2 STAINMORE DRIVE: Plot and Title Map

2 STAINMORE DRIVE sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 2 STAINMORE DRIVE, 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 STAINMORE DRIVE). 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 STAINMORE DRIVE?

2 STAINMORE DRIVE is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 2 on STAINMORE DRIVE.