Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
87 MURRAY PARK is a large extended detached house of 120m², built sometime between 2003 and 2006. It was last sold for £182,000 in October 2017, which was around 7% above the average October 2017 detached price in the County Durham local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 87 MURRAY PARK 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 87 MURRAY PARK 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 |
---|---|---|---|
2017 25 OCT | £182,000 | £169,518 | 7% above HPI |
2006 13 APR | £230,000 | £175,127 | 31% above 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 87 MURRAY PARK sales from April 2006 and October 2017 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 2006 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the October 2017 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.
87 MURRAY PARK is 120m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 30% of detached houses in Stanley, based on EPC data. The below chart shows the distribution of detached houses by size in Stanley, and where 87 MURRAY PARK lies on this distribution: 77% of detached houses are smaller than 87 MURRAY PARK, and 23% of houses are larger. Note that EPC data is not available for all properties in Stanley.
87 MURRAY PARK sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 87 MURRAY PARK, 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 87 MURRAY PARK). 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.
87 MURRAY PARK is located in STANLEY, in the DH9 postcode district. The below map shows the position of No. 87 on MURRAY PARK.