10, JUBILEE CLOSE, SPENNYMOOR, DL16 6GA - £129,000

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

10 JUBILEE CLOSE is a small detached house of 98m², built sometime between 2003 and 2006. It was last sold for £129,000 in July 2014, which was around 19% below the average July 2014 detached price in the County Durham local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

10 JUBILEE CLOSE Sold Prices

Land registry data shows two sales for 10 JUBILEE 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. One of the two 10 JUBILEE CLOSE 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
2014 25 JUL	£129,000	£159,649	19% below HPI
2003 31 OCT	£134,200	£122,313	10% above HPI

10 JUBILEE 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 JUBILEE CLOSE sales from October 2003 and July 2014 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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 10 JUBILEE CLOSE?

10 JUBILEE CLOSE is 98m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 40% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 10 JUBILEE CLOSE lies on this distribution: 32% of detached houses are smaller than 10 JUBILEE CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

10 JUBILEE CLOSE: Plot and Title Map

10 JUBILEE CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 10 JUBILEE 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 JUBILEE 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 JUBILEE CLOSE?

10 JUBILEE CLOSE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 10 on JUBILEE CLOSE.