12, CASTLE CLOSE, SPENNYMOOR, DL16 6TR - £164,950

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.

12 CASTLE CLOSE is a small detached house of 95m², built sometime between 2003 and 2006, which could now be worth an estimated £237,509. It was last sold for £164,950 in December 2015, which was about the average December 2015 detached price in the County Durham local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

12 CASTLE CLOSE Sold Prices

Land registry data shows four sales for 12 CASTLE 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. The four 12 CASTLE CLOSE sales were a mix of roughly equal to the average price, above the average price, and below 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
2015 18 DEC	£164,950	£164,442	Close to HPI
2007 23 FEB	£180,000	£186,896	4% below HPI
2004 16 JUL	£157,000	£152,264	3% above HPI
2001 14 DEC	£88,500	£88,573	Close to HPI

12 CASTLE 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 12 CASTLE CLOSE sales between December 2001 and December 2015 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 February 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 12 CASTLE CLOSE be worth now?

12 CASTLE CLOSE might now be worth an estimated £237,509.

This is based on house price inflation of 44%, between December 2015 and March 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 44% inflationary increase is applied to the most recent sale price for 12 CASTLE CLOSE of £164,950 on 18th December 2015. For the value to have increased from £164,950 to £237,509 over the ten years and nine months to March 2025, the following assumptions must hold true:

• The value of 12 CASTLE CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2015 sale price of £164,950 represented a fair market value for the property.
• The size, condition, and specification of 12 CASTLE CLOSE has not materially changed since December 2015.

How Large is 12 CASTLE CLOSE?

12 CASTLE CLOSE is 95m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 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 12 CASTLE CLOSE lies on this distribution: 29% of detached houses houses are smaller than 12 CASTLE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

12 CASTLE CLOSE: Plot and Title Map

12 CASTLE CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 12 CASTLE 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 12 CASTLE 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 12 CASTLE CLOSE?

12 CASTLE CLOSE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 12 on CASTLE CLOSE.