1, LILAC CLOSE, SPENNYMOOR, DL16 7YB - £168,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 LILAC CLOSE is a midsized detached house of 106m², built sometime between 1996 and 2002. It was last sold for £168,000 in February 2014, which was around 11% above the average February 2014 detached price in the County Durham local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

1 LILAC CLOSE Sold Prices

Land registry data shows two sales for 1 LILAC CLOSE 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 LILAC CLOSE 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
2014 7 FEB	£168,000	£151,012	11% above HPI
1997 17 OCT	£84,995	£70,874	20% above HPI

1 LILAC CLOSE 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 LILAC CLOSE sales from October 1997 and February 2014 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 1997 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2014 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 1 LILAC CLOSE?

1 LILAC CLOSE is 106m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 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 LILAC CLOSE lies on this distribution: 45% of detached houses are smaller than 1 LILAC CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

1 LILAC CLOSE: Plot and Title Map

1 LILAC CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 1 LILAC CLOSE, 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 LILAC CLOSE). 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 LILAC CLOSE?

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