10, LILAC CLOSE, SPENNYMOOR, DL16 7YB - £185,000

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 LILAC CLOSE is a midsized detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £256,295. It was last sold for £185,000 in May 2011, which was around 9% above the average May 2011 detached price in the County Durham local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

10 LILAC CLOSE Sold Prices

Land registry data shows four sales for 10 LILAC 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 10 LILAC 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
2011 6 MAY	£185,000	£170,469	9% above HPI
2005 13 MAY	£204,000	£169,942	20% above HPI
1999 5 AUG	£79,950	£79,396	1% above HPI
1997 28 NOV	£84,995	£72,143	18% above HPI

10 LILAC 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 10 LILAC CLOSE sales between November 1997 and May 2011 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 May 2005 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2011 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 10 LILAC CLOSE be worth now?

10 LILAC CLOSE might now be worth an estimated £256,295.

This is based on house price inflation of 38.5%, between May 2011 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 38.5% inflationary increase is applied to the most recent sale price for 10 LILAC CLOSE of £185,000 on 6th May 2011. For the value to have increased from £185,000 to £256,295 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 10 LILAC CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2011 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LILAC CLOSE has not materially changed since May 2011.

How Large is 10 LILAC CLOSE?

10 LILAC CLOSE is 109m² according to the EPC inspection conducted in October 2010. This puts it in the largest 50% 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 LILAC CLOSE lies on this distribution: 51% of detached houses houses are smaller than 10 LILAC CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

10 LILAC CLOSE: Plot and Title Map

10 LILAC CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 10 LILAC 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 LILAC 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 LILAC CLOSE?

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