14, MAGNOLIA WALK, SPENNYMOOR, DL16 7EP - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 MAGNOLIA WALK is a large detached house of 127m², built sometime between 2007 and 2011. It was last sold for £220,000 in May 2022, which was around 9% above the average May 2022 detached price in the County Durham local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

14 MAGNOLIA WALK Sold Prices

Land registry data shows two sales for 14 MAGNOLIA WALK 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 14 MAGNOLIA WALK sales 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
2022 31 MAY	£220,000	£201,348	9% above HPI
2011 9 DEC	£180,995	£165,089	10% above HPI

14 MAGNOLIA WALK 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 14 MAGNOLIA WALK sales from December 2011 and May 2022 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 December 2011 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 14 MAGNOLIA WALK?

14 MAGNOLIA WALK is 127m² according to the EPC inspection conducted in January 2022. This puts it in the largest 30% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 14 MAGNOLIA WALK lies on this distribution: 77% of detached houses are smaller than 14 MAGNOLIA WALK, and 22% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

14 MAGNOLIA WALK: Plot and Title Map

14 MAGNOLIA WALK sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 14 MAGNOLIA WALK, 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 MAGNOLIA WALK). 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 MAGNOLIA WALK?

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