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
78 KINROSS DRIVE is a very small detached house of 49m², built sometime between 1967 and 1975. It was last sold for £80,000 in February 2022, which was around 59% below the average February 2022 detached price in the County Durham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 78 KINROSS DRIVE 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. Both of the two 78 KINROSS DRIVE sales were for below 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 |
---|---|---|---|
2022 10 FEB | £80,000 | £196,925 | 59% below HPI |
2013 3 JUL | £61,000 | £159,551 | 62% below 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 78 KINROSS DRIVE sales from July 2013 and February 2022 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 July 2013 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the February 2022 sale, where it rises to 59% below the HPI. The line then continues to track at 59% below the HPI.
78 KINROSS DRIVE is 49m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% of detached houses in Stanley, based on EPC data. The below chart shows the distribution of detached houses by size in Stanley, and where 78 KINROSS DRIVE lies on this distribution: 1% of detached houses are smaller than 78 KINROSS DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Stanley.
78 KINROSS DRIVE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 78 KINROSS 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 78 KINROSS 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.
78 KINROSS DRIVE is located in STANLEY, in the DH9 postcode district. The below map shows the position of No. 78 on KINROSS DRIVE.