6, STAINMORE DRIVE, GREAT LUMLEY, CHESTER LE STREET, DH3 4SH - £212,500

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.

6 STAINMORE DRIVE is a small extended detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £301,895. It was last sold for £212,500 in July 2015, which was around 28% above the average July 2015 detached price in the County Durham local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

6 STAINMORE DRIVE Sold Prices

Land registry data shows three sales for 6 STAINMORE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 6 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
2015 17 JUL	£212,500	£166,233	28% above HPI
2010 18 JUN	£202,000	£174,530	16% above HPI
2003 14 NOV	£168,000	£126,991	32% above HPI

6 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 three 6 STAINMORE DRIVE sales between November 2003 and July 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 June 2010 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2015 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 6 STAINMORE DRIVE be worth now?

6 STAINMORE DRIVE might now be worth an estimated £301,895.

This is based on house price inflation of 42.1%, between July 2015 and February 2025, 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 42.1% inflationary increase is applied to the most recent sale price for 6 STAINMORE DRIVE of £212,500 on 17th July 2015. For the value to have increased from £212,500 to £301,895 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 6 STAINMORE DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2015 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of 6 STAINMORE DRIVE has not materially changed since July 2015.

How Large is 6 STAINMORE DRIVE?

6 STAINMORE DRIVE is 98m², which includes two extensions, according to the EPC inspection conducted in March 2009. This puts it in the smallest 40% of detached houses houses in Great Lumley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Lumley, and where 6 STAINMORE DRIVE lies on this distribution: 39% of detached houses houses are smaller than 6 STAINMORE DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Great Lumley.

6 STAINMORE DRIVE: Plot and Title Map

6 STAINMORE DRIVE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 6 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 6 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 6 STAINMORE DRIVE?

6 STAINMORE DRIVE is located in GREAT LUMLEY, in the DH3 postcode district. The below map shows the position of No. 6 on STAINMORE DRIVE.