1, THISTLE CLOSE, SPENNYMOOR, DL16 7YD - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THISTLE CLOSE is a large detached house of 130m², built sometime between 1996 and 2002. It was last sold for £250,000 in January 2022, which was around 24% above the average January 2022 detached price in the County Durham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

1 THISTLE CLOSE Sold Prices

Land registry data shows four sales for 1 THISTLE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 1 THISTLE 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
2022 20 JAN	£250,000	£201,085	24% above HPI
2020 26 OCT	£225,000	£180,433	25% above HPI
2012 22 JUN	£204,000	£164,109	24% above HPI
1998 12 FEB	£84,000	£72,992	15% above HPI

1 THISTLE 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 four 1 THISTLE CLOSE sales between February 1998 and January 2022 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 2020 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the January 2022 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 1 THISTLE CLOSE be worth now?

1 THISTLE CLOSE might now be worth an estimated £291,644.

This is based on house price inflation of 16.7%, between January 2022 and December 2024, 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 16.7% inflationary increase is applied to the most recent sale price for 1 THISTLE CLOSE of £250,000 on 20th January 2022. For the value to have increased from £250,000 to £291,644 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 1 THISTLE CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The January 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THISTLE CLOSE has not materially changed since January 2022.

How Large is 1 THISTLE CLOSE?

1 THISTLE CLOSE is 130m² according to the EPC inspection conducted in March 2012. This puts it in the largest 30% 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 THISTLE CLOSE lies on this distribution: 80% of detached houses houses are smaller than 1 THISTLE CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

1 THISTLE CLOSE: Plot and Title Map

1 THISTLE CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 1 THISTLE 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 THISTLE 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 THISTLE CLOSE?

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