1, THE GARTH, SPENNYMOOR, DL16 6HX - £210,000

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 THE GARTH is a small extended detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £283,573. It was last sold for £210,000 in December 2018, which was around 20% above the average December 2018 detached price in the County Durham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

1 THE GARTH Sold Prices

Land registry data shows two sales for 1 THE GARTH 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. One of the two 1 THE GARTH sales was for above the average price, whilst the other was 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
2018 14 DEC	£210,000	£174,891	20% above HPI
2006 23 MAY	£150,000	£180,839	17% below HPI

1 THE GARTH 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 THE GARTH sales from May 2006 and December 2018 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 May 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2018 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 1 THE GARTH be worth now?

1 THE GARTH might now be worth an estimated £283,573.

This is based on house price inflation of 35%, between December 2018 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 35% inflationary increase is applied to the most recent sale price for 1 THE GARTH of £210,000 on 14th December 2018. For the value to have increased from £210,000 to £283,573 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 THE GARTH has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2018 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE GARTH has not materially changed since December 2018.

How Large is 1 THE GARTH?

1 THE GARTH is 99m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 40% of detached houses houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spennymoor, and where 1 THE GARTH lies on this distribution: 34% of detached houses houses are smaller than 1 THE GARTH, and 64% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

1 THE GARTH: Plot and Title Map

1 THE GARTH sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 1 THE GARTH, 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 THE GARTH). 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 THE GARTH?

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