8, WEST TERRACE, STAINDROP, DARLINGTON, DL2 3JS - £234,500

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 WEST TERRACE is a midsized terraced house of 133m², built sometime before 1900, which could now be worth an estimated £336,529. It was last sold for £234,500 in December 2012, which was around 196% above the average December 2012 terraced price in the County Durham local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.

8 WEST TERRACE Sold Prices

Land registry data shows three sales for 8 WEST TERRACE 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 8 WEST TERRACE 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
2012 6 DEC	£234,500	£79,117	196% above HPI
2005 24 OCT	£265,000	£85,046	212% above HPI
2000 20 NOV	£107,500	£33,435	222% above HPI

8 WEST TERRACE 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 8 WEST TERRACE sales between November 2000 and December 2012 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 October 2005 sale was for 212% above the HPI. So the extrapolation line tracks at 212% above the HPI over time, until the December 2012 sale, where it falls to 196% above the HPI. The line then continues to track at 196% above the HPI.

What might 8 WEST TERRACE be worth now?

8 WEST TERRACE might now be worth an estimated £336,529.

This is based on house price inflation of 43.5%, between December 2012 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 43.5% inflationary increase is applied to the most recent sale price for 8 WEST TERRACE of £234,500 on 6th December 2012. For the value to have increased from £234,500 to £336,529 over the fourteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 8 WEST TERRACE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The December 2012 sale price of £234,500 represented a fair market value for the property.
• The size, condition, and specification of 8 WEST TERRACE has not materially changed since December 2012.

How Large is 8 WEST TERRACE?

8 WEST TERRACE is 133m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 50% of terraced houses houses in Staindrop, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Staindrop, and where 8 WEST TERRACE lies on this distribution: 42% of terraced houses houses are smaller than 8 WEST TERRACE, and 58% of houses are larger. Note that EPC data is not available for all properties in Staindrop.

8 WEST TERRACE: Plot and Title Map

8 WEST TERRACE sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 8 WEST TERRACE, 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 WEST TERRACE). 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 WEST TERRACE?

8 WEST TERRACE is located in STAINDROP, in the DL2 postcode district. The below map shows the position of No. 8 on WEST TERRACE.