14, GRASMERE, SPENNYMOOR, DL16 6TX - £139,950

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.

14 GRASMERE is a small detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £206,249. It was last sold for £139,950 in November 2013, which was around 13% below the average November 2013 detached price in the County Durham local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

14 GRASMERE Sold Prices

Land registry data shows three sales for 14 GRASMERE 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 14 GRASMERE 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
2013 15 NOV	£139,950	£160,249	13% below HPI
2002 18 OCT	£92,000	£100,805	9% below HPI
2002 18 JAN	£69,000	£88,055	22% below HPI

14 GRASMERE 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 GRASMERE sales between January 2002 and November 2013 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 October 2002 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2013 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 14 GRASMERE be worth now?

14 GRASMERE might now be worth an estimated £206,249.

This is based on house price inflation of 47.4%, between November 2013 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 47.4% inflationary increase is applied to the most recent sale price for 14 GRASMERE of £139,950 on 15th November 2013. For the value to have increased from £139,950 to £206,249 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 14 GRASMERE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2013 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of 14 GRASMERE has not materially changed since November 2013.

How Large is 14 GRASMERE?

14 GRASMERE is 100m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 40% 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 GRASMERE lies on this distribution: 37% of detached houses houses are smaller than 14 GRASMERE, and 60% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

14 GRASMERE: Plot and Title Map

14 GRASMERE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 14 GRASMERE, 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 GRASMERE). 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 GRASMERE?

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