37, GIRVAN CLOSE, STANLEY, DH9 6UY - £62,500

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.

37 GIRVAN CLOSE is a very small terraced house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £83,820. It was last sold for £62,500 in July 2009, which was around 24% below the average July 2009 terraced price in the County Durham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

37 GIRVAN CLOSE Sold Prices

Land registry data shows four sales for 37 GIRVAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. The four 37 GIRVAN CLOSE sales were a mix of below the average price, and roughly equal to 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
2009 3 JUL	£62,500	£82,477	24% below HPI
2003 12 SEP	£53,000	£53,166	Close to HPI
2002 17 MAY	£38,000	£38,071	Close to HPI
2001 8 JAN	£25,500	£33,720	24% below HPI

37 GIRVAN 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 four 37 GIRVAN CLOSE sales between January 2001 and July 2009 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 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2009 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 37 GIRVAN CLOSE be worth now?

37 GIRVAN CLOSE might now be worth an estimated £83,820.

This is based on house price inflation of 34.1%, between July 2009 and June 2025, 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 37 GIRVAN CLOSE of £62,500 on 3rd July 2009. For the value to have increased from £62,500 to £83,820 over the sixteen years and one month to June 2025, the following assumptions must hold true:

• The value of 37 GIRVAN CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The July 2009 sale price of £62,500 represented a fair market value for the property.
• The size, condition, and specification of 37 GIRVAN CLOSE has not materially changed since July 2009.

How Large is 37 GIRVAN CLOSE?

37 GIRVAN CLOSE is 67m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of terraced houses houses in Stanley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stanley, and where 37 GIRVAN CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 37 GIRVAN CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Stanley.

37 GIRVAN CLOSE: Plot and Title Map

37 GIRVAN CLOSE sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of 37 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 37 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 37 GIRVAN CLOSE?

37 GIRVAN CLOSE is located in STANLEY, in the DH9 postcode district. The below map shows the position of No. 37 on GIRVAN CLOSE.