8, SHERIDAN DRIVE, STANLEY, DH9 6YU - £168,000

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.

8 SHERIDAN DRIVE is a midsized extended semi-detached house of 103m², built sometime between 2003 and 2006, which could now be worth an estimated £229,019. It was last sold for £168,000 in July 2020, which was around 68% above the average July 2020 semi-detached price in the County Durham local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

8 SHERIDAN DRIVE Sold Prices

Land registry data shows four sales for 8 SHERIDAN DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the four 8 SHERIDAN 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
2020 3 JUL	£168,000	£99,882	68% above HPI
2016 28 OCT	£147,500	£96,700	53% above HPI
2012 24 FEB	£152,500	£94,814	61% above HPI
2001 7 FEB	£59,500	£43,561	37% above HPI

8 SHERIDAN DRIVE 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 four 8 SHERIDAN DRIVE sales between February 2001 and July 2020 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 2016 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the July 2020 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might 8 SHERIDAN DRIVE be worth now?

8 SHERIDAN DRIVE might now be worth an estimated £229,019.

This is based on house price inflation of 36.3%, between July 2020 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 36.3% inflationary increase is applied to the most recent sale price for 8 SHERIDAN DRIVE of £168,000 on 3rd July 2020. For the value to have increased from £168,000 to £229,019 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 8 SHERIDAN DRIVE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The July 2020 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHERIDAN DRIVE has not materially changed since July 2020.

How Large is 8 SHERIDAN DRIVE?

8 SHERIDAN DRIVE is 103m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% of semi-detached houses houses in Stanley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stanley, and where 8 SHERIDAN DRIVE lies on this distribution: 51% of semi-detached houses houses are smaller than 8 SHERIDAN DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Stanley.

8 SHERIDAN DRIVE: Plot and Title Map

8 SHERIDAN DRIVE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 8 SHERIDAN 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 8 SHERIDAN 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 8 SHERIDAN DRIVE?

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