1, MILKWELL CLOSE, STANLEY, DH9 7EH - £140,000

1 MILKWELL CLOSE is a small detached house of 84m², built sometime between 2007 and 2011. It was last sold for £140,000 in September 2014, which was around 11% below the average September 2014 detached price in the County Durham local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

1 MILKWELL CLOSE Sold Prices

Land registry data shows two sales for 1 MILKWELL CLOSE since 1^st 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 1 MILKWELL 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
2014 4 SEP	£140,000	£158,192	11% below HPI
2013 28 JUN	£130,000	£156,729	17% below HPI

1 MILKWELL 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 two 1 MILKWELL CLOSE sales from June 2013 and September 2014 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 June 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 MILKWELL CLOSE?

1 MILKWELL CLOSE is 84m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 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 1 MILKWELL CLOSE lies on this distribution: 24% of detached houses are smaller than 1 MILKWELL CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Stanley.

1 MILKWELL CLOSE: Plot and Title Map

1 MILKWELL CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 1 MILKWELL 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 1 MILKWELL 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 1 MILKWELL CLOSE?

1 MILKWELL CLOSE is located in STANLEY, in the DH9 postcode district. The below map shows the position of No. 1 on MILKWELL CLOSE.