3, THE BARNS, STANLEY, DH9 8BN - £224,000

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 THE BARNS is a midsized extended detached house of 110m², built sometime between 1991 and 1995, which could now be worth an estimated £263,386. It was last sold for £224,000 in June 2021, which was around 12% above the average June 2021 detached price in the County Durham local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

3 THE BARNS Sold Prices

Land registry data shows two sales for 3 THE BARNS 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 3 THE BARNS 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
2021 30 JUN	£224,000	£199,308	12% above HPI
2004 5 APR	£179,000	£134,623	33% above HPI

3 THE BARNS 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 3 THE BARNS sales from April 2004 and June 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 April 2004 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 3 THE BARNS be worth now?

3 THE BARNS might now be worth an estimated £263,386.

This is based on house price inflation of 17.6%, between June 2021 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 17.6% inflationary increase is applied to the most recent sale price for 3 THE BARNS of £224,000 on 30th June 2021. For the value to have increased from £224,000 to £263,386 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 3 THE BARNS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2021 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE BARNS has not materially changed since June 2021.

How Large is 3 THE BARNS?

3 THE BARNS is 110m², which includes three extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 50% 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 3 THE BARNS lies on this distribution: 58% of detached houses houses are smaller than 3 THE BARNS, and 41% of houses are larger. Note that EPC data is not available for all properties in Stanley.

3 THE BARNS: Plot and Title Map

3 THE BARNS sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 3 THE BARNS, 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 THE BARNS). 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 THE BARNS?

3 THE BARNS is located in STANLEY, in the DH9 postcode district. The below map shows the position of No. 3 on THE BARNS.