5, OUSEBURN CLOSE, STANLEY, DH9 6PL - £114,000

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.

5 OUSEBURN CLOSE is a small terraced house of 84m², built sometime between 2007 and 2011, which could now be worth an estimated £155,346. It was last sold for £114,000 in October 2020, which was around 37% above the average October 2020 terraced price in the County Durham local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

5 OUSEBURN CLOSE Sold Prices

Land registry data shows three sales for 5 OUSEBURN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the three 5 OUSEBURN 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
2020 23 OCT	£114,000	£83,321	37% above HPI
2019 20 JUN	£110,000	£81,901	34% above HPI
2010 27 MAY	£97,000	£84,613	15% above HPI

5 OUSEBURN 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 three 5 OUSEBURN CLOSE sales between May 2010 and October 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 June 2019 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2020 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 5 OUSEBURN CLOSE be worth now?

5 OUSEBURN CLOSE might now be worth an estimated £155,346.

This is based on house price inflation of 36.3%, between October 2020 and May 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 36.3% inflationary increase is applied to the most recent sale price for 5 OUSEBURN CLOSE of £114,000 on 23rd October 2020. For the value to have increased from £114,000 to £155,346 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 5 OUSEBURN CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The October 2020 sale price of £114,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OUSEBURN CLOSE has not materially changed since October 2020.

How Large is 5 OUSEBURN CLOSE?

5 OUSEBURN CLOSE is 84m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% 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 5 OUSEBURN CLOSE lies on this distribution: 23% of terraced houses houses are smaller than 5 OUSEBURN CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Stanley.

5 OUSEBURN CLOSE: Plot and Title Map

5 OUSEBURN CLOSE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 5 OUSEBURN 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 5 OUSEBURN 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 5 OUSEBURN CLOSE?

5 OUSEBURN CLOSE is located in STANLEY, in the DH9 postcode district. The below map shows the position of No. 5 on OUSEBURN CLOSE.