3, MOUNTSETT CLOSE, DIPTON, STANLEY, DH9 9LL - £150,000

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.

3 MOUNTSETT CLOSE is a very small terraced house of 75m², built sometime between 2003 and 2006, which could now be worth an estimated £201,107. It was last sold for £150,000 in October 2010, which was around 76% above the average October 2010 terraced price in the County Durham local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

3 MOUNTSETT CLOSE Sold Prices

Land registry data shows two sales for 3 MOUNTSETT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Both of the two 3 MOUNTSETT CLOSE 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
2010 22 OCT	£150,000	£85,453	76% above HPI
2007 18 MAY	£180,950	£93,769	93% above HPI

3 MOUNTSETT CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The two 3 MOUNTSETT CLOSE sales from May 2007 and October 2010 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 May 2007 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the October 2010 sale, where it falls to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might 3 MOUNTSETT CLOSE be worth now?

3 MOUNTSETT CLOSE might now be worth an estimated £201,107.

This is based on house price inflation of 34.1%, between October 2010 and April 2026, for terraced 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 34.1% inflationary increase is applied to the most recent sale price for 3 MOUNTSETT CLOSE of £150,000 on 22nd October 2010. For the value to have increased from £150,000 to £201,107 over the sixteen years and six months to April 2026, the following assumptions must hold true:

• The value of 3 MOUNTSETT CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The October 2010 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MOUNTSETT CLOSE has not materially changed since October 2010.

How Large is 3 MOUNTSETT CLOSE?

3 MOUNTSETT CLOSE is 75m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of terraced houses houses in Dipton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Dipton, and where 3 MOUNTSETT CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 3 MOUNTSETT CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Dipton.

3 MOUNTSETT CLOSE: Plot and Title Map

3 MOUNTSETT CLOSE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 3 MOUNTSETT 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 3 MOUNTSETT 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 3 MOUNTSETT CLOSE?

3 MOUNTSETT CLOSE is located in DIPTON, in the DH9 postcode district. The below map shows the position of No. 3 on MOUNTSETT CLOSE.