23, STAINMORE DRIVE, GREAT LUMLEY, CHESTER LE STREET, DH3 4SH - £398,000

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

23 STAINMORE DRIVE is a very large extended detached house of 149m², built sometime between 1996 and 2002. It was last sold for £398,000 in June 2024, which was around 86% above the average June 2024 detached price in the County Durham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was C.

23 STAINMORE DRIVE Sold Prices

Land registry data shows two sales for 23 STAINMORE DRIVE 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 23 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
2024 28 JUN	£398,000	£213,963	86% above HPI
2008 11 SEP	£230,000	£194,156	18% above HPI

23 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 two 23 STAINMORE DRIVE sales from September 2008 and June 2024 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 September 2008 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2024 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.

What might 23 STAINMORE DRIVE be worth now?

23 STAINMORE DRIVE might now be worth an estimated £436,352.

This is based on house price inflation of 9.6%, between June 2024 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 9.6% inflationary increase is applied to the most recent sale price for 23 STAINMORE DRIVE of £398,000 on 28th June 2024. For the value to have increased from £398,000 to £436,352 over the six months to December 2024, the following assumptions must hold true:

• The value of 23 STAINMORE DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2024 sale price of £398,000 represented a fair market value for the property.
• The size, condition, and specification of 23 STAINMORE DRIVE has not materially changed since June 2024.

How Large is 23 STAINMORE DRIVE?

23 STAINMORE DRIVE is 149m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 20% 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 23 STAINMORE DRIVE lies on this distribution: 86% of detached houses houses are smaller than 23 STAINMORE DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

23 STAINMORE DRIVE: Plot and Title Map

23 STAINMORE DRIVE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 23 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 23 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 23 STAINMORE DRIVE?

23 STAINMORE DRIVE is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 23 on STAINMORE DRIVE.