68, MURRAY PARK, STANLEY, DH9 0PU - £147,500

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.

68 MURRAY PARK is a very small terraced house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £220,856. It was last sold for £147,500 in April 2020, which was around 91% above the average April 2020 terraced price in the County Durham local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was B.

68 MURRAY PARK Sold Prices

Land registry data shows two sales for 68 MURRAY PARK 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 68 MURRAY PARK 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 1 APR	£147,500	£77,333	91% above HPI
2012 13 JUL	£124,950	£78,929	58% above HPI

68 MURRAY PARK 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 68 MURRAY PARK sales from July 2012 and April 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 July 2012 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the April 2020 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might 68 MURRAY PARK be worth now?

68 MURRAY PARK might now be worth an estimated £220,856.

This is based on house price inflation of 49.7%, between April 2020 and July 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 49.7% inflationary increase is applied to the most recent sale price for 68 MURRAY PARK of £147,500 on 1st April 2020. For the value to have increased from £147,500 to £220,856 over the four years and nine months to July 2025, the following assumptions must hold true:

• The value of 68 MURRAY PARK has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The April 2020 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 68 MURRAY PARK has not materially changed since April 2020.

How Large is 68 MURRAY PARK?

68 MURRAY PARK is 78m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% 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 68 MURRAY PARK lies on this distribution: 11% of terraced houses houses are smaller than 68 MURRAY PARK, and 89% of houses are larger. Note that EPC data is not available for all properties in Stanley.

68 MURRAY PARK: Plot and Title Map

68 MURRAY PARK sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 68 MURRAY PARK, 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 68 MURRAY PARK). 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 68 MURRAY PARK?

68 MURRAY PARK is located in STANLEY, in the DH9 postcode district. The below map shows the position of No. 68 on MURRAY PARK.