9, GIRVAN CLOSE, STANLEY, DH9 6UY - £170,000

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.

9 GIRVAN CLOSE is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £196,271. It was last sold for £170,000 in July 2021, which was around 16% below the average July 2021 detached price in the County Durham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was B, and the potential energy rating was A.

9 GIRVAN CLOSE Sold Prices

Land registry data shows three sales for 9 GIRVAN 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 9 GIRVAN 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
2021 28 JUL	£170,000	£201,230	16% below HPI
1999 17 SEP	£60,000	£79,281	24% below HPI
1995 10 FEB	£48,000	£67,692	29% below HPI

9 GIRVAN 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 9 GIRVAN CLOSE sales between February 1995 and July 2021 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 September 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 9 GIRVAN CLOSE be worth now?

9 GIRVAN CLOSE might now be worth an estimated £196,271.

This is based on house price inflation of 15.5%, between July 2021 and June 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 15.5% inflationary increase is applied to the most recent sale price for 9 GIRVAN CLOSE of £170,000 on 28th July 2021. For the value to have increased from £170,000 to £196,271 over the four years and one month to June 2025, the following assumptions must hold true:

• The value of 9 GIRVAN CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2021 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 9 GIRVAN CLOSE has not materially changed since July 2021.

How Large is 9 GIRVAN CLOSE?

9 GIRVAN CLOSE is 74m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% 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 9 GIRVAN CLOSE lies on this distribution: 8% of detached houses houses are smaller than 9 GIRVAN CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Stanley.

9 GIRVAN CLOSE: Plot and Title Map

9 GIRVAN CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 9 GIRVAN 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 9 GIRVAN 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 9 GIRVAN CLOSE?

9 GIRVAN CLOSE is located in STANLEY, in the DH9 postcode district. The below map shows the position of No. 9 on GIRVAN CLOSE.