8, MURPHY CLOSE, CROOK, DL15 9GL - £102,500

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.

8 MURPHY CLOSE is a very small terraced house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £132,203. It was last sold for £102,500 in January 2021, which was around 15% above the average January 2021 terraced price in the County Durham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

8 MURPHY CLOSE Sold Prices

Land registry data shows four sales for 8 MURPHY 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. All of the four 8 MURPHY 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
2021 29 JAN	£102,500	£88,827	15% above HPI
2020 28 AUG	£115,000	£80,876	42% above HPI
2013 25 JUL	£104,500	£78,674	33% above HPI
2009 10 DEC	£94,995	£87,493	9% above HPI

8 MURPHY 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 8 MURPHY CLOSE sales between December 2009 and January 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 August 2020 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the January 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 8 MURPHY CLOSE be worth now?

8 MURPHY CLOSE might now be worth an estimated £132,203.

This is based on house price inflation of 29%, between January 2021 and April 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 29% inflationary increase is applied to the most recent sale price for 8 MURPHY CLOSE of £102,500 on 29th January 2021. For the value to have increased from £102,500 to £132,203 over the four years and nine months to April 2026, the following assumptions must hold true:

• The value of 8 MURPHY CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The January 2021 sale price of £102,500 represented a fair market value for the property.
• The size, condition, and specification of 8 MURPHY CLOSE has not materially changed since January 2021.

How Large is 8 MURPHY CLOSE?

8 MURPHY CLOSE is 74m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of terraced houses houses in Crook, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Crook, and where 8 MURPHY CLOSE lies on this distribution: 12% of terraced houses houses are smaller than 8 MURPHY CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Crook.

8 MURPHY CLOSE: Plot and Title Map

8 MURPHY CLOSE sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 8 MURPHY 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 8 MURPHY 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 8 MURPHY CLOSE?

8 MURPHY CLOSE is located in CROOK, in the DL15 postcode district. The below map shows the position of No. 8 on MURPHY CLOSE.