3, GROSVENOR CLOSE, STANHOPE, BISHOP AUCKLAND, DL13 2QA - £203,000

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.

3 GROSVENOR CLOSE is a small detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £308,836. It was last sold for £203,000 in February 2014, which was around 31% above the average February 2014 detached price in the County Durham local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

3 GROSVENOR CLOSE Sold Prices

Land registry data shows three sales for 3 GROSVENOR CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 3 GROSVENOR 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
2014 25 FEB	£203,000	£155,232	31% above HPI
2003 23 OCT	£197,000	£125,731	57% above HPI
1996 6 NOV	£95,776	£71,036	35% above HPI

3 GROSVENOR CLOSE 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 three 3 GROSVENOR CLOSE sales between November 1996 and February 2014 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 2003 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the February 2014 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 3 GROSVENOR CLOSE be worth now?

3 GROSVENOR CLOSE might now be worth an estimated £308,836.

This is based on house price inflation of 52.1%, between February 2014 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 52.1% inflationary increase is applied to the most recent sale price for 3 GROSVENOR CLOSE of £203,000 on 25th February 2014. For the value to have increased from £203,000 to £308,836 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 3 GROSVENOR CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2014 sale price of £203,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GROSVENOR CLOSE has not materially changed since February 2014.

How Large is 3 GROSVENOR CLOSE?

3 GROSVENOR CLOSE is 108m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% of detached houses houses in Stanhope, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stanhope, and where 3 GROSVENOR CLOSE lies on this distribution: 36% of detached houses houses are smaller than 3 GROSVENOR CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Stanhope.

3 GROSVENOR CLOSE: Plot and Title Map

3 GROSVENOR CLOSE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 3 GROSVENOR 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 3 GROSVENOR 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 3 GROSVENOR CLOSE?

3 GROSVENOR CLOSE is located in STANHOPE, in the DL13 postcode district. The below map shows the position of No. 3 on GROSVENOR CLOSE.