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

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.

8 WESTCROFT is a small detached house of 88m², built sometime between 1900 and 1929, which could now be worth an estimated £141,844. It was last sold for £127,500 in July 2022, which was around 40% 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	£212,834	40% below HPI
2017 14 JUL	£83,000	£174,809	53% below HPI
2004 23 DEC	£90,000	£164,487	45% below HPI
2003 10 DEC	£78,000	£128,686	39% 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 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the July 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 8 WESTCROFT be worth now?

8 WESTCROFT might now be worth an estimated £141,844.

This is based on house price inflation of 11.3%, between July 2022 and March 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 11.3% inflationary increase is applied to the most recent sale price for 8 WESTCROFT of £127,500 on 5th July 2022. For the value to have increased from £127,500 to £141,844 over the three years and four months to March 2025, the following assumptions must hold true:

• The value of 8 WESTCROFT has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2022 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 8 WESTCROFT has not materially changed since July 2022.

How Large is 8 WESTCROFT?

8 WESTCROFT is 88m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 30% of detached houses houses in Stanhope, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stanhope, and where 8 WESTCROFT lies on this distribution: 21% of detached houses houses are smaller than 8 WESTCROFT, and 79% 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.