8A, CHAPEL STREET, STANHOPE, BISHOP AUCKLAND, DL13 2NA - £171,000

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.

8A CHAPEL STREET is a small terraced house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £223,337. It was last sold for £171,000 in April 2006, which was around 97% above the average April 2006 terraced price in the County Durham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

8A CHAPEL STREET Sold Prices

Land registry data shows three sales for 8A CHAPEL STREET 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 8A CHAPEL STREET 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
2006 7 APR	£171,000	£86,933	97% above HPI
2003 31 OCT	£143,000	£54,088	164% above HPI
1998 2 MAR	£78,000	£30,849	153% above HPI

8A CHAPEL STREET 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 8A CHAPEL STREET sales between March 1998 and April 2006 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 2003 sale was for 164% above the HPI. So the extrapolation line tracks at 164% above the HPI over time, until the April 2006 sale, where it falls to 97% above the HPI. The line then continues to track at 97% above the HPI.

What might 8A CHAPEL STREET be worth now?

8A CHAPEL STREET might now be worth an estimated £223,337.

This is based on house price inflation of 30.6%, between April 2006 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 30.6% inflationary increase is applied to the most recent sale price for 8A CHAPEL STREET of £171,000 on 7th April 2006. For the value to have increased from £171,000 to £223,337 over the nineteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 8A CHAPEL STREET has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The April 2006 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of 8A CHAPEL STREET has not materially changed since April 2006.

How Large is 8A CHAPEL STREET?

8A CHAPEL STREET is 103m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% of terraced houses houses in Stanhope, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stanhope, and where 8A CHAPEL STREET lies on this distribution: 32% of terraced houses houses are smaller than 8A CHAPEL STREET, and 66% of houses are larger. Note that EPC data is not available for all properties in Stanhope.

8A CHAPEL STREET: Plot and Title Map

8A CHAPEL STREET sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 8A CHAPEL STREET, 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 8A CHAPEL STREET). 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 8A CHAPEL STREET?

8A CHAPEL STREET is located in STANHOPE, in the DL13 postcode district. The below map shows the position of No. 8A on CHAPEL STREET.