1, JUBILEE COTTAGES, SPENNYMOOR, DL16 6HN - £119,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 JUBILEE COTTAGES is a midsized extended detached house of 112m², built sometime before 1900. It was last sold for £119,950 in October 2010, which was around 31% below the average October 2010 detached price in the County Durham local authority area. The most recent EPC inspection was December 2008, where the current energy rating was E, and the potential energy rating was D.

1 JUBILEE COTTAGES Sold Prices

Land registry data shows six sales for 1 JUBILEE COTTAGES since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the six 1 JUBILEE COTTAGES sales were for below 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
2010 15 OCT	£119,950	£175,060	31% below HPI
2002 22 NOV	£84,000	£100,325	16% below HPI
2000 8 NOV	£54,000	£79,895	32% below HPI
2000 18 FEB	£60,000	£78,366	23% below HPI
1997 27 MAR	£55,000	£66,847	18% below HPI
1996 23 MAY	£50,000	£67,177	26% below HPI

1 JUBILEE COTTAGES 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 six 1 JUBILEE COTTAGES sales between May 1996 and October 2010 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 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2010 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 1 JUBILEE COTTAGES?

1 JUBILEE COTTAGES is 112m², which includes two extensions, according to the EPC inspection conducted in December 2008. This puts it in the largest 50% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 1 JUBILEE COTTAGES lies on this distribution: 55% of detached houses are smaller than 1 JUBILEE COTTAGES, and 45% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

1 JUBILEE COTTAGES: Plot and Title Map

1 JUBILEE COTTAGES sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 1 JUBILEE COTTAGES, 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 JUBILEE COTTAGES). 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 JUBILEE COTTAGES?

1 JUBILEE COTTAGES is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 1 on JUBILEE COTTAGES.