2, OUSEBURN CLOSE, STANLEY, DH9 6PL - £61,014

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.

2 OUSEBURN CLOSE is a midsized extended terraced house of 81m², built sometime between 2003 and 2006, which could now be worth an estimated £84,818. It was last sold for £61,014 in February 2009, which was around 25% below the average February 2009 terraced price in the County Durham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

2 OUSEBURN CLOSE Sold Prices

Land registry data shows one sale for 2 OUSEBURN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the County Durham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 11 FEB	£61,014	£81,675	25% below HPI

What might 2 OUSEBURN CLOSE be worth now?

2 OUSEBURN CLOSE might now be worth an estimated £84,818.

This is based on house price inflation of 39%, between February 2009 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 39% inflationary increase is applied to the most recent sale price for 2 OUSEBURN CLOSE of £61,014 on 11th February 2009. For the value to have increased from £61,014 to £84,818 over the sixteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 2 OUSEBURN CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The February 2009 sale price of £61,014 represented a fair market value for the property.
• The size, condition, and specification of 2 OUSEBURN CLOSE has not materially changed since February 2009.

How Large is 2 OUSEBURN CLOSE?

2 OUSEBURN CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 50% of terraced houses in Stanley, based on EPC data. The below chart shows the distribution of terraced houses by size in Stanley, and where 2 OUSEBURN CLOSE lies on this distribution: 51% of terraced houses are smaller than 2 OUSEBURN CLOSE, and 46% of terraced houses are larger. Note that EPC data is not available for all properties in Stanley.

2 OUSEBURN CLOSE: Plot

2 OUSEBURN CLOSE sits on a plot of roughly 0.031 of an acre, or 127m².

Where is 2 OUSEBURN CLOSE?

2 OUSEBURN CLOSE is located in STANLEY, in the DH9 postcode district.