11, MARSKE WAY, SPENNYMOOR, DL16 7FL - £239,995

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.

11 MARSKE WAY is a large detached house of 129m², which could now be worth an estimated £321,772. It was last sold for £239,995 in August 2017, which was around 36% above the average August 2017 detached price in the County Durham local authority area. The most recent EPC inspection was June 2011, where the current energy rating was B, and the potential energy rating was B.

11 MARSKE WAY Sold Prices

Land registry data shows three sales for 11 MARSKE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 11 MARSKE WAY 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
2017 29 AUG	£239,995	£176,144	36% above HPI
2013 31 JUL	£240,000	£164,009	46% above HPI
2011 27 JUN	£282,500	£170,752	65% above HPI

11 MARSKE WAY 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 three 11 MARSKE WAY sales between June 2011 and August 2017 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 July 2013 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2017 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 11 MARSKE WAY be worth now?

11 MARSKE WAY might now be worth an estimated £321,772.

This is based on house price inflation of 34.1%, between August 2017 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 34.1% inflationary increase is applied to the most recent sale price for 11 MARSKE WAY of £239,995 on 29th August 2017. For the value to have increased from £239,995 to £321,772 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 11 MARSKE WAY has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2017 sale price of £239,995 represented a fair market value for the property.
• The size, condition, and specification of 11 MARSKE WAY has not materially changed since August 2017.

How Large is 11 MARSKE WAY?

11 MARSKE WAY is 129m² according to the EPC inspection conducted in June 2011. This puts it in the largest 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 11 MARSKE WAY lies on this distribution: 79% of detached houses houses are smaller than 11 MARSKE WAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

11 MARSKE WAY: Plot and Title Map

11 MARSKE WAY sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 11 MARSKE WAY, 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 11 MARSKE WAY). 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 11 MARSKE WAY?

11 MARSKE WAY is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 11 on MARSKE WAY.