7, POTTERBURN CLOSE, STANLEY, DH9 7EQ - £172,700

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.

7 POTTERBURN CLOSE is a large detached house of 115m², built in 2012, which could now be worth an estimated £246,586. It was last sold for £172,700 in June 2016, which was around 5% above the average June 2016 detached price in the County Durham local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was C.

7 POTTERBURN CLOSE Sold Prices

Land registry data shows two sales for 7 POTTERBURN CLOSE 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 7 POTTERBURN 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
2016 29 JUN	£172,700	£164,132	5% above HPI
2013 15 MAR	£184,995	£159,958	16% above HPI

7 POTTERBURN CLOSE 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 7 POTTERBURN CLOSE sales from March 2013 and June 2016 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 March 2013 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 7 POTTERBURN CLOSE be worth now?

7 POTTERBURN CLOSE might now be worth an estimated £246,586.

This is based on house price inflation of 42.8%, between June 2016 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 42.8% inflationary increase is applied to the most recent sale price for 7 POTTERBURN CLOSE of £172,700 on 29th June 2016. For the value to have increased from £172,700 to £246,586 over the ten years and one month to May 2026, the following assumptions must hold true:

• The value of 7 POTTERBURN CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2016 sale price of £172,700 represented a fair market value for the property.
• The size, condition, and specification of 7 POTTERBURN CLOSE has not materially changed since June 2016.

How Large is 7 POTTERBURN CLOSE?

7 POTTERBURN CLOSE is 115m² according to the EPC inspection conducted in September 2012. This puts it in the largest 30% 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 7 POTTERBURN CLOSE lies on this distribution: 70% of detached houses houses are smaller than 7 POTTERBURN CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Stanley.

7 POTTERBURN CLOSE: Plot and Title Map

7 POTTERBURN CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 7 POTTERBURN 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 7 POTTERBURN 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 7 POTTERBURN CLOSE?

7 POTTERBURN CLOSE is located in STANLEY, in the DH9 postcode district. The below map shows the position of No. 7 on POTTERBURN CLOSE.