3, STAINMORE DRIVE, GREAT LUMLEY, CHESTER LE STREET, DH3 4SH - £167,500

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

3 STAINMORE DRIVE is a very small extended detached house of 75m², built sometime between 1996 and 2002. It was last sold for £167,500 in May 2019, which was around 4% below the average May 2019 detached price in the County Durham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

3 STAINMORE DRIVE Sold Prices

Land registry data shows two sales for 3 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 3 STAINMORE DRIVE sales were 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
2019 17 MAY	£167,500	£174,316	4% below HPI
2000 1 SEP	£79,000	£84,693	7% below HPI

3 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 3 STAINMORE DRIVE sales from September 2000 and May 2019 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 2000 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2019 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 STAINMORE DRIVE be worth now?

3 STAINMORE DRIVE might now be worth an estimated £225,409.

This is based on house price inflation of 34.6%, between May 2019 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 34.6% inflationary increase is applied to the most recent sale price for 3 STAINMORE DRIVE of £167,500 on 17th May 2019. For the value to have increased from £167,500 to £225,409 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 3 STAINMORE DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2019 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 3 STAINMORE DRIVE has not materially changed since May 2019.

How Large is 3 STAINMORE DRIVE?

3 STAINMORE DRIVE is 75m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 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 3 STAINMORE DRIVE lies on this distribution: 7% of detached houses houses are smaller than 3 STAINMORE DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

3 STAINMORE DRIVE: Plot and Title Map

3 STAINMORE DRIVE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 3 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 3 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 3 STAINMORE DRIVE?

3 STAINMORE DRIVE is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 3 on STAINMORE DRIVE.