12, SOUTH COURT, SPENNYMOOR, DL16 7BL - £136,000

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.

12 SOUTH COURT is a very small detached house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £187,616. It was last sold for £136,000 in September 2016, which was around 21% below the average September 2016 detached price in the County Durham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

12 SOUTH COURT Sold Prices

Land registry data shows six sales for 12 SOUTH COURT since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the six 12 SOUTH COURT 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
2016 23 SEP	£136,000	£171,192	21% below HPI
2012 21 SEP	£110,000	£166,944	34% below HPI
2005 11 MAR	£139,000	£165,567	16% below HPI
2004 14 MAY	£118,500	£141,401	16% below HPI
2000 14 NOV	£58,500	£82,128	29% below HPI
1998 30 JAN	£52,100	£73,512	29% below HPI

12 SOUTH COURT 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 six 12 SOUTH COURT sales between January 1998 and September 2016 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 2012 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 12 SOUTH COURT be worth now?

12 SOUTH COURT might now be worth an estimated £187,616.

This is based on house price inflation of 38%, between September 2016 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% inflationary increase is applied to the most recent sale price for 12 SOUTH COURT of £136,000 on 23rd September 2016. For the value to have increased from £136,000 to £187,616 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 SOUTH COURT has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2016 sale price of £136,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SOUTH COURT has not materially changed since September 2016.

How Large is 12 SOUTH COURT?

12 SOUTH COURT is 69m² according to the EPC inspection conducted in October 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 SOUTH COURT lies on this distribution: 2% of detached houses houses are smaller than 12 SOUTH COURT, and 98% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

12 SOUTH COURT: Plot and Title Map

12 SOUTH COURT sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 12 SOUTH COURT, 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 SOUTH COURT). 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 SOUTH COURT?

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