8, WESTCROFT, STANHOPE, BISHOP AUCKLAND, DL13 2NU - £127,500

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

8 WESTCROFT is a very small detached house of 88m², built sometime between 1900 and 1929. It was last sold for £127,500 in July 2022, which was around 38% below the average July 2022 detached price in the County Durham local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

8 WESTCROFT Sold Prices

Land registry data shows four sales for 8 WESTCROFT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 8 WESTCROFT 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 5 JUL	£127,500	£207,048	38% below HPI
2017 14 JUL	£83,000	£170,057	51% below HPI
2004 23 DEC	£90,000	£160,015	44% below HPI
2003 10 DEC	£78,000	£125,187	38% below HPI

8 WESTCROFT 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 four 8 WESTCROFT sales between December 2003 and July 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 2017 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the July 2022 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 8 WESTCROFT?

8 WESTCROFT is 88m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses in Stanhope, based on EPC data. The below chart shows the distribution of detached houses by size in Stanhope, and where 8 WESTCROFT lies on this distribution: 19% of detached houses are smaller than 8 WESTCROFT, and 81% of houses are larger. Note that EPC data is not available for all properties in Stanhope.

8 WESTCROFT: Plot and Title Map

8 WESTCROFT sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 8 WESTCROFT, 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 WESTCROFT). 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 WESTCROFT?

8 WESTCROFT is located in STANHOPE, in the DL13 postcode district. The below map shows the position of No. 8 on WESTCROFT.