1, PIKEWELL CLOSE, DIPTON, STANLEY, DH9 9EZ - £164,995

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.

1 PIKEWELL CLOSE is a very small detached house of 80m², built in 2016, which could now be worth an estimated £227,777. It was last sold for £164,995 in March 2020, which was around 3% below the average March 2020 detached price in the County Durham local authority area. The most recent EPC inspection was March 2020, where the current energy rating was B, and the potential energy rating was A.

1 PIKEWELL CLOSE Sold Prices

Land registry data shows two sales for 1 PIKEWELL 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 PIKEWELL 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
2020 27 MAR	£164,995	£169,758	3% below HPI
2018 9 MAR	£54,942	£166,481	67% below HPI

1 PIKEWELL 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 PIKEWELL CLOSE sales from March 2018 and March 2020 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 March 2018 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the March 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 1 PIKEWELL CLOSE be worth now?

1 PIKEWELL CLOSE might now be worth an estimated £227,777.

This is based on house price inflation of 38.1%, between March 2020 and May 2026, 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 38.1% inflationary increase is applied to the most recent sale price for 1 PIKEWELL CLOSE of £164,995 on 27th March 2020. For the value to have increased from £164,995 to £227,777 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of 1 PIKEWELL CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2020 sale price of £164,995 represented a fair market value for the property.
• The size, condition, and specification of 1 PIKEWELL CLOSE has not materially changed since March 2020.

How Large is 1 PIKEWELL CLOSE?

1 PIKEWELL CLOSE is 80m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses houses in Dipton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dipton, and where 1 PIKEWELL CLOSE lies on this distribution: 2% of detached houses houses are smaller than 1 PIKEWELL CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Dipton.

1 PIKEWELL CLOSE: Plot and Title Map

1 PIKEWELL CLOSE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 1 PIKEWELL 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 PIKEWELL 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 PIKEWELL CLOSE?

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