12, SNOWDROP CLOSE, SPENNYMOOR, DL16 7EX - £68,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 SNOWDROP CLOSE is a very small detached house of 66m². It was last sold for £68,000 in March 2014, which was around 55% below the average March 2014 detached price in the County Durham local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was C.

12 SNOWDROP CLOSE Sold Prices

Land registry data shows two sales for 12 SNOWDROP 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 12 SNOWDROP CLOSE sales were for 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
2014 27 MAR	£68,000	£151,481	55% below HPI
2013 27 SEP	£68,000	£166,972	59% below HPI

12 SNOWDROP 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 12 SNOWDROP CLOSE sales from September 2013 and March 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 September 2013 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the March 2014 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 12 SNOWDROP CLOSE be worth now?

12 SNOWDROP CLOSE might now be worth an estimated £105,304.

This is based on house price inflation of 54.9%, between March 2014 and December 2024, 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 54.9% inflationary increase is applied to the most recent sale price for 12 SNOWDROP CLOSE of £68,000 on 27th March 2014. For the value to have increased from £68,000 to £105,304 over the nine years and three months to December 2024, the following assumptions must hold true:

• The value of 12 SNOWDROP CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2014 sale price of £68,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SNOWDROP CLOSE has not materially changed since March 2014.

How Large is 12 SNOWDROP CLOSE?

12 SNOWDROP CLOSE is 66m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% 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 SNOWDROP CLOSE lies on this distribution: 2% of detached houses houses are smaller than 12 SNOWDROP CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

12 SNOWDROP CLOSE: Plot and Title Map

12 SNOWDROP CLOSE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 12 SNOWDROP 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 SNOWDROP 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 SNOWDROP CLOSE?

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