28, MURRAY PARK, STANLEY, DH9 0PN - £239,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 MURRAY PARK is a very large detached house of 156m², built sometime between 2003 and 2006, which could now be worth an estimated £299,391. It was last sold for £239,950 in January 2021, which was around 27% above the average January 2021 detached price in the County Durham local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

28 MURRAY PARK Sold Prices

Land registry data shows two sales for 28 MURRAY PARK 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 28 MURRAY PARK 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 26 JAN	£239,950	£189,276	27% above HPI
2006 27 OCT	£270,000	£188,045	44% above HPI

28 MURRAY PARK 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 28 MURRAY PARK sales from October 2006 and January 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 October 2006 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the January 2021 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 28 MURRAY PARK be worth now?

28 MURRAY PARK might now be worth an estimated £299,391.

This is based on house price inflation of 24.8%, between January 2021 and February 2025, 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 24.8% inflationary increase is applied to the most recent sale price for 28 MURRAY PARK of £239,950 on 26th January 2021. For the value to have increased from £239,950 to £299,391 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 28 MURRAY PARK has moved in line with the HPI for detached houses in the County Durham local authority area.
• The January 2021 sale price of £239,950 represented a fair market value for the property.
• The size, condition, and specification of 28 MURRAY PARK has not materially changed since January 2021.

How Large is 28 MURRAY PARK?

28 MURRAY PARK is 156m² according to the EPC inspection conducted in February 2020. This puts it in the largest 10% of detached houses houses in Stanley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stanley, and where 28 MURRAY PARK lies on this distribution: 92% of detached houses houses are smaller than 28 MURRAY PARK, and 8% of houses are larger. Note that EPC data is not available for all properties in Stanley.

28 MURRAY PARK: Plot and Title Map

28 MURRAY PARK sits on a plot of roughly 0.222 of an acre, or 900m². The below map shows the location of 28 MURRAY PARK, 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 28 MURRAY PARK). 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 28 MURRAY PARK?

28 MURRAY PARK is located in STANLEY, in the DH9 postcode district. The below map shows the position of No. 28 on MURRAY PARK.