STONEY BURN, THORPE ROAD, EASINGTON, PETERLEE, SR8 3UB - £163,000

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.

STONEY BURN is a midsized extended semi-detached house of 104m², built sometime between 1900 and 1929, which could now be worth an estimated £233,223. It was last sold for £163,000 in June 2017, which was around 67% above the average June 2017 semi-detached price in the County Durham local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

STONEY BURN Sold Prices

Land registry data shows four sales for STONEY BURN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the four STONEY BURN 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
2017 19 JUN	£163,000	£97,587	67% above HPI
2012 30 NOV	£157,000	£96,232	63% above HPI
2006 22 SEP	£159,950	£109,405	46% above HPI
2004 22 OCT	£132,000	£92,424	43% above HPI

STONEY BURN Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The four STONEY BURN sales between October 2004 and June 2017 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 November 2012 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the June 2017 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might STONEY BURN be worth now?

STONEY BURN might now be worth an estimated £233,223.

This is based on house price inflation of 43.1%, between June 2017 and April 2026, for semi-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 43.1% inflationary increase is applied to the most recent sale price for STONEY BURN of £163,000 on 19th June 2017. For the value to have increased from £163,000 to £233,223 over the nine years and two months to April 2026, the following assumptions must hold true:

• The value of STONEY BURN has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The June 2017 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of STONEY BURN has not materially changed since June 2017.

How Large is STONEY BURN?

STONEY BURN is 104m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of semi-detached houses houses in Easington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Easington, and where STONEY BURN lies on this distribution: 53% of semi-detached houses houses are smaller than STONEY BURN, and 46% of houses are larger. Note that EPC data is not available for all properties in Easington.

STONEY BURN: Plot and Title Map

STONEY BURN sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of STONEY BURN, 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 STONEY BURN). 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 STONEY BURN?

STONEY BURN is located on THORPE ROAD in EASINGTON, in the SR8 postcode district. The below map shows the position of STONEY BURN on THORPE ROAD.