10, ASPEN CLOSE, MIDDLESTONE MOOR, SPENNYMOOR, DL16 7YQ - £250,000

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.

10 ASPEN CLOSE is a very large extended detached house of 151m², built sometime between 1996 and 2002, which could now be worth an estimated £306,185. It was last sold for £250,000 in July 2007, which was around 30% above the average July 2007 detached price in the County Durham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was B, and the potential energy rating was B.

10 ASPEN CLOSE Sold Prices

Land registry data shows two sales for 10 ASPEN 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 10 ASPEN 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
2007 27 JUL	£250,000	£192,828	30% above HPI
2001 28 SEP	£122,500	£88,488	38% above HPI

10 ASPEN 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 10 ASPEN CLOSE sales from September 2001 and July 2007 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 September 2001 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the July 2007 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 10 ASPEN CLOSE be worth now?

10 ASPEN CLOSE might now be worth an estimated £306,185.

This is based on house price inflation of 22.5%, between July 2007 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 22.5% inflationary increase is applied to the most recent sale price for 10 ASPEN CLOSE of £250,000 on 27th July 2007. For the value to have increased from £250,000 to £306,185 over the eighteen years and five months to February 2025, the following assumptions must hold true:

• The value of 10 ASPEN CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2007 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 10 ASPEN CLOSE has not materially changed since July 2007.

How Large is 10 ASPEN CLOSE?

10 ASPEN CLOSE is 151m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the largest 20% 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 10 ASPEN CLOSE lies on this distribution: 89% of detached houses houses are smaller than 10 ASPEN CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

10 ASPEN CLOSE: Plot and Title Map

10 ASPEN CLOSE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 10 ASPEN 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 10 ASPEN 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 10 ASPEN CLOSE?

10 ASPEN CLOSE is located in MIDDLESTONE MOOR, in the DL16 postcode district. The below map shows the position of No. 10 on ASPEN CLOSE.