39, MURRAY PARK, STANLEY, DH9 0PN - £247,500

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

39 MURRAY PARK is a large detached house of 117m², built sometime between 2003 and 2006, which could now be worth an estimated £275,672. It was last sold for £247,500 in May 2024, which was around 18% above the average May 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 B.

39 MURRAY PARK Sold Prices

Land registry data shows two sales for 39 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 39 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
2024 10 MAY	£247,500	£210,608	18% above HPI
2005 26 MAY	£222,125	£169,942	31% above HPI

39 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 39 MURRAY PARK sales from May 2005 and May 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 May 2005 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the May 2024 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 39 MURRAY PARK be worth now?

39 MURRAY PARK might now be worth an estimated £275,672.

This is based on house price inflation of 11.4%, between May 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 11.4% inflationary increase is applied to the most recent sale price for 39 MURRAY PARK of £247,500 on 10th May 2024. For the value to have increased from £247,500 to £275,672 over the five months to December 2024, the following assumptions must hold true:

• The value of 39 MURRAY PARK has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2024 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 39 MURRAY PARK has not materially changed since May 2024.

How Large is 39 MURRAY PARK?

39 MURRAY PARK is 117m² according to the EPC inspection conducted in September 2023. This puts it in the largest 30% 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 39 MURRAY PARK lies on this distribution: 75% of detached houses houses are smaller than 39 MURRAY PARK, and 24% of houses are larger. Note that EPC data is not available for all properties in Stanley.

39 MURRAY PARK: Plot and Title Map

39 MURRAY PARK sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 39 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 39 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 39 MURRAY PARK?

39 MURRAY PARK is located in STANLEY, in the DH9 postcode district. The below map shows the position of No. 39 on MURRAY PARK.