14, ALMOND CLOSE, SPENNYMOOR, DL16 7YG - £160,000

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.

14 ALMOND CLOSE is a midsized detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £227,309. It was last sold for £160,000 in July 2015, which was around 4% below the average July 2015 detached price in the County Durham local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

14 ALMOND CLOSE Sold Prices

Land registry data shows three sales for 14 ALMOND CLOSE 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. One of the three 14 ALMOND CLOSE sales was for below the average price, whilst two 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
2015 6 JUL	£160,000	£166,233	4% below HPI
2004 1 NOV	£179,950	£163,083	10% above HPI
2002 22 MAR	£93,995	£88,539	6% above HPI

14 ALMOND 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 three 14 ALMOND CLOSE sales between March 2002 and July 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 November 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2015 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 14 ALMOND CLOSE be worth now?

14 ALMOND CLOSE might now be worth an estimated £227,309.

This is based on house price inflation of 42.1%, between July 2015 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 42.1% inflationary increase is applied to the most recent sale price for 14 ALMOND CLOSE of £160,000 on 6th July 2015. For the value to have increased from £160,000 to £227,309 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 14 ALMOND CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2015 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 14 ALMOND CLOSE has not materially changed since July 2015.

How Large is 14 ALMOND CLOSE?

14 ALMOND CLOSE is 110m² according to the EPC inspection conducted in July 2014. 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 14 ALMOND CLOSE lies on this distribution: 53% of detached houses houses are smaller than 14 ALMOND CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

14 ALMOND CLOSE: Plot and Title Map

14 ALMOND CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 14 ALMOND 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 14 ALMOND 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 14 ALMOND CLOSE?

14 ALMOND CLOSE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 14 on ALMOND CLOSE.