48, MURRAY PARK, STANLEY, DH9 0PN - £231,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

48 MURRAY PARK is a large extended detached house of 112m², built sometime between 2003 and 2006. It was last sold for £231,000 in December 2021, which was around 17% above the average December 2021 detached price in the County Durham local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

48 MURRAY PARK Sold Prices

Land registry data shows two sales for 48 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 48 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
2021 13 DEC	£231,000	£197,762	17% above HPI
2007 2 AUG	£265,000	£190,032	39% above HPI

48 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 48 MURRAY PARK sales from August 2007 and December 2021 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 August 2007 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the December 2021 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 48 MURRAY PARK?

48 MURRAY PARK is 112m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of detached houses in Stanley, based on EPC data. The below chart shows the distribution of detached houses by size in Stanley, and where 48 MURRAY PARK lies on this distribution: 63% of detached houses are smaller than 48 MURRAY PARK, and 32% of houses are larger. Note that EPC data is not available for all properties in Stanley.

48 MURRAY PARK: Plot and Title Map

48 MURRAY PARK sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 48 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 48 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 48 MURRAY PARK?

48 MURRAY PARK is located in STANLEY, in the DH9 postcode district. The below map shows the position of No. 48 on MURRAY PARK.