Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
44 MURRAY PARK is a large extended detached house of 123m², built sometime between 2003 and 2006. It was last sold for £130,000 in November 2019, which was around 23% below the average November 2019 detached price in the County Durham local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 44 MURRAY PARK since 1st 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. One of the two 44 MURRAY PARK sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2019 28 NOV | £130,000 | £169,475 | 23% below HPI |
2006 30 NOV | £205,000 | £182,475 | 12% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 44 MURRAY PARK sales from November 2006 and November 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 November 2006 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
44 MURRAY PARK is 123m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% of detached houses in Stanley, based on EPC data. The below chart shows the distribution of detached houses by size in Stanley, and where 44 MURRAY PARK lies on this distribution: 79% of detached houses are smaller than 44 MURRAY PARK, and 20% of houses are larger. Note that EPC data is not available for all properties in Stanley.
44 MURRAY PARK sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 44 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 44 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.
44 MURRAY PARK is located in STANLEY, in the DH9 postcode district. The below map shows the position of No. 44 on MURRAY PARK.