1, CLEVELAND VIEW, KIRK MERRINGTON, SPENNYMOOR, DL16 7JZ - £250,000

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.

1 CLEVELAND VIEW is a large detached house of 142m², built sometime between 1967 and 1975, which could now be worth an estimated £340,349. It was last sold for £250,000 in July 2020, which was around 44% above the average July 2020 detached price in the County Durham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

1 CLEVELAND VIEW Sold Prices

Land registry data shows two sales for 1 CLEVELAND VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 1 CLEVELAND VIEW 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
2020 10 JUL	£250,000	£173,472	44% above HPI
2007 11 JUL	£275,000	£192,828	43% above HPI

1 CLEVELAND VIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 1 CLEVELAND VIEW sales from July 2007 and July 2020 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 July 2007 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the July 2020 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 1 CLEVELAND VIEW be worth now?

1 CLEVELAND VIEW might now be worth an estimated £340,349.

This is based on house price inflation of 36.1%, between July 2020 and February 2025, for 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 36.1% inflationary increase is applied to the most recent sale price for 1 CLEVELAND VIEW of £250,000 on 10th July 2020. For the value to have increased from £250,000 to £340,349 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 1 CLEVELAND VIEW has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CLEVELAND VIEW has not materially changed since July 2020.

How Large is 1 CLEVELAND VIEW?

1 CLEVELAND VIEW is 142m² according to the EPC inspection conducted in August 2019. This puts it in the largest 30% of detached houses houses in Kirk Merrington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirk Merrington, and where 1 CLEVELAND VIEW lies on this distribution: 77% of detached houses houses are smaller than 1 CLEVELAND VIEW, and 21% of houses are larger. Note that EPC data is not available for all properties in Kirk Merrington.

1 CLEVELAND VIEW: Plot and Title Map

1 CLEVELAND VIEW sits on a plot of roughly 0.231 of an acre, or 933m². The below map shows the location of 1 CLEVELAND VIEW, 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 1 CLEVELAND VIEW). 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 1 CLEVELAND VIEW?

1 CLEVELAND VIEW is located in KIRK MERRINGTON, in the DL16 postcode district. The below map shows the position of No. 1 on CLEVELAND VIEW.