1, VINE STREET, SPENNYMOOR, DL16 6JL - £159,000

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 VINE STREET is a very large extended detached house of 147m², built sometime between 1900 and 1929. It was last sold for £159,000 in November 2016, which was around 3% below the average November 2016 detached price in the County Durham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

1 VINE STREET Sold Prices

Land registry data shows two sales for 1 VINE STREET 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 VINE STREET sales was for below the average price, whilst the other was 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
2016 25 NOV	£159,000	£163,106	3% below HPI
2003 17 OCT	£165,000	£122,313	35% above HPI

1 VINE STREET 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 VINE STREET sales from October 2003 and November 2016 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 2003 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the November 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 1 VINE STREET?

1 VINE STREET is 147m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 20% 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 VINE STREET lies on this distribution: 88% of detached houses are smaller than 1 VINE STREET, and 12% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

1 VINE STREET: Plot and Title Map

1 VINE STREET sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of 1 VINE STREET, 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 VINE STREET). 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 VINE STREET?

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