40, STAINMORE DRIVE, GREAT LUMLEY, CHESTER LE STREET, DH3 4SH - £260,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

40 STAINMORE DRIVE is a midsized detached house of 110m², built sometime between 2003 and 2006. It was last sold for £260,000 in February 2020, which was around 56% above the average February 2020 detached price in the County Durham local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

40 STAINMORE DRIVE Sold Prices

Land registry data shows five sales for 40 STAINMORE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the five 40 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
2020 28 FEB	£260,000	£166,229	56% above HPI
2019 19 DEC	£285,000	£168,085	70% above HPI
2008 22 APR	£242,500	£189,184	28% above HPI
2000 18 DEC	£106,000	£80,251	32% above HPI
1997 21 MAR	£81,500	£66,847	22% above HPI

40 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 five 40 STAINMORE DRIVE sales between March 1997 and February 2020 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 December 2019 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the February 2020 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 40 STAINMORE DRIVE?

40 STAINMORE DRIVE is 110m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 50% of detached houses in Great Lumley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Lumley, and where 40 STAINMORE DRIVE lies on this distribution: 47% of detached houses are smaller than 40 STAINMORE DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

40 STAINMORE DRIVE: Plot and Title Map

40 STAINMORE DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 40 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 40 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 40 STAINMORE DRIVE?

40 STAINMORE DRIVE is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 40 on STAINMORE DRIVE.