5, STANHOPE CLOSE, MEADOWFIELD, DURHAM, DH7 8XE - £117,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 STANHOPE CLOSE is a very small semi-detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £165,619. It was last sold for £117,000 in June 2015, which was around 22% above the average June 2015 semi-detached price in the County Durham local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

5 STANHOPE CLOSE Sold Prices

Land registry data shows two sales for 5 STANHOPE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two 5 STANHOPE CLOSE 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
2015 12 JUN	£117,000	£96,189	22% above HPI
2005 14 OCT	£116,000	£103,437	12% above HPI

5 STANHOPE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The two 5 STANHOPE CLOSE sales from October 2005 and June 2015 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 October 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2015 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 5 STANHOPE CLOSE be worth now?

5 STANHOPE CLOSE might now be worth an estimated £165,619.

This is based on house price inflation of 41.6%, between June 2015 and February 2025, for semi-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 41.6% inflationary increase is applied to the most recent sale price for 5 STANHOPE CLOSE of £117,000 on 12th June 2015. For the value to have increased from £117,000 to £165,619 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 5 STANHOPE CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The June 2015 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 5 STANHOPE CLOSE has not materially changed since June 2015.

How Large is 5 STANHOPE CLOSE?

5 STANHOPE CLOSE is 72m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of semi-detached houses houses in Meadowfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Meadowfield, and where 5 STANHOPE CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 5 STANHOPE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Meadowfield.

5 STANHOPE CLOSE: Plot and Title Map

5 STANHOPE CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 5 STANHOPE CLOSE, 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 5 STANHOPE CLOSE). 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 5 STANHOPE CLOSE?

5 STANHOPE CLOSE is located in MEADOWFIELD, in the DH7 postcode district. The below map shows the position of No. 5 on STANHOPE CLOSE.