8, OUSEBURN CLOSE, STANLEY, DH9 6PL - £140,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 OUSEBURN CLOSE is a very small detached house of 79m², which could now be worth an estimated £187,770. It was last sold for £140,000 in December 2010, which was around 20% below the average December 2010 detached price in the County Durham local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was C.

8 OUSEBURN CLOSE Sold Prices

Land registry data shows three sales for 8 OUSEBURN CLOSE 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 8 OUSEBURN CLOSE 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
2010 9 DEC	£140,000	£174,902	20% below HPI
2009 24 APR	£131,600	£166,277	21% below HPI
2009 11 FEB	£150,000	£169,637	12% below HPI

8 OUSEBURN CLOSE 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 8 OUSEBURN CLOSE sales between February 2009 and December 2010 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 April 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2010 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 8 OUSEBURN CLOSE be worth now?

8 OUSEBURN CLOSE might now be worth an estimated £187,770.

This is based on house price inflation of 34.1%, between December 2010 and December 2024, 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 34.1% inflationary increase is applied to the most recent sale price for 8 OUSEBURN CLOSE of £140,000 on 9th December 2010. For the value to have increased from £140,000 to £187,770 over the fourteen years to December 2024, the following assumptions must hold true:

• The value of 8 OUSEBURN CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2010 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OUSEBURN CLOSE has not materially changed since December 2010.

How Large is 8 OUSEBURN CLOSE?

8 OUSEBURN CLOSE is 79m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 20% of detached houses houses in Stanley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stanley, and where 8 OUSEBURN CLOSE lies on this distribution: 12% of detached houses houses are smaller than 8 OUSEBURN CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Stanley.

8 OUSEBURN CLOSE: Plot and Title Map

8 OUSEBURN CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 8 OUSEBURN 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 8 OUSEBURN 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 8 OUSEBURN CLOSE?

8 OUSEBURN CLOSE is located in STANLEY, in the DH9 postcode district. The below map shows the position of No. 8 on OUSEBURN CLOSE.