1, TROUTBECK CLOSE, SPENNYMOOR, DL16 6XN - £165,000

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 TROUTBECK CLOSE is a small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £165,000 in April 2008, which was around 15% below the average April 2008 detached price in the County Durham local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

1 TROUTBECK CLOSE Sold Prices

Land registry data shows two sales for 1 TROUTBECK 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 TROUTBECK CLOSE 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
2008 25 APR	£165,000	£194,471	15% below HPI
1995 30 MAR	£55,000	£67,351	18% below HPI

1 TROUTBECK 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 TROUTBECK CLOSE sales from March 1995 and April 2008 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 March 1995 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2008 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 TROUTBECK CLOSE be worth now?

1 TROUTBECK CLOSE might now be worth an estimated £199,032.

This is based on house price inflation of 20.6%, between April 2008 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 20.6% inflationary increase is applied to the most recent sale price for 1 TROUTBECK CLOSE of £165,000 on 25th April 2008. For the value to have increased from £165,000 to £199,032 over the fifteen years and four months to December 2024, the following assumptions must hold true:

• The value of 1 TROUTBECK CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2008 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TROUTBECK CLOSE has not materially changed since April 2008.

How Large is 1 TROUTBECK CLOSE?

1 TROUTBECK CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 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 TROUTBECK CLOSE lies on this distribution: 25% of detached houses houses are smaller than 1 TROUTBECK CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

1 TROUTBECK CLOSE: Plot and Title Map

1 TROUTBECK CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 1 TROUTBECK 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 TROUTBECK 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 TROUTBECK CLOSE?

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