6, THE BARNS, STANLEY, DH9 8BN - £100,000

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.

6 THE BARNS is a very small terraced house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £122,860. It was last sold for £100,000 in May 2021, which was around 8% above the average May 2021 terraced price in the County Durham local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

6 THE BARNS Sold Prices

Land registry data shows five sales for 6 THE BARNS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the five 6 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 24 MAY	£100,000	£92,414	8% above HPI
2007 7 DEC	£117,000	£97,363	20% above HPI
2005 4 MAR	£88,000	£76,833	15% above HPI
2004 16 FEB	£80,000	£57,160	40% above HPI
1995 6 JAN	£43,750	£30,403	44% above HPI

6 THE BARNS 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 five 6 THE BARNS sales between January 1995 and May 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 December 2007 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2021 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 6 THE BARNS be worth now?

6 THE BARNS might now be worth an estimated £122,860.

This is based on house price inflation of 22.9%, between May 2021 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 22.9% inflationary increase is applied to the most recent sale price for 6 THE BARNS of £100,000 on 24th May 2021. For the value to have increased from £100,000 to £122,860 over the five years to May 2026, the following assumptions must hold true:

• The value of 6 THE BARNS has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The May 2021 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE BARNS has not materially changed since May 2021.

How Large is 6 THE BARNS?

6 THE BARNS is 58m² according to the EPC inspection conducted in October 2020. 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 6 THE BARNS lies on this distribution: 1% of terraced houses houses are smaller than 6 THE BARNS, and 99% of houses are larger. Note that EPC data is not available for all properties in Stanley.

6 THE BARNS: Plot and Title Map

6 THE BARNS sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 6 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 6 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 6 THE BARNS?

6 THE BARNS is located in STANLEY, in the DH9 postcode district. The below map shows the position of No. 6 on THE BARNS.