14, WESTERTON CLOSE, BINCHESTER MOOR, SPENNYMOOR, DL16 7BJ - £112,000

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

14 WESTERTON CLOSE is a very small semi-detached house of 85m², built sometime between 1991 and 1995, which could now be worth an estimated £161,469. It was last sold for £112,000 in September 2014, which was around 19% above the average September 2014 semi-detached price in the County Durham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

14 WESTERTON CLOSE Sold Prices

Land registry data shows four sales for 14 WESTERTON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the four 14 WESTERTON CLOSE 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
2014 16 SEP	£112,000	£93,951	19% above HPI
2003 30 JAN	£79,000	£56,711	39% above HPI
2000 25 AUG	£58,000	£45,378	28% above HPI
1996 4 OCT	£58,950	£38,584	53% above HPI

14 WESTERTON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The four 14 WESTERTON CLOSE sales between October 1996 and September 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 January 2003 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2014 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 14 WESTERTON CLOSE be worth now?

14 WESTERTON CLOSE might now be worth an estimated £161,469.

This is based on house price inflation of 44.2%, between September 2014 and December 2024, for semi-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 44.2% inflationary increase is applied to the most recent sale price for 14 WESTERTON CLOSE of £112,000 on 16th September 2014. For the value to have increased from £112,000 to £161,469 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 14 WESTERTON CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The September 2014 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 14 WESTERTON CLOSE has not materially changed since September 2014.

How Large is 14 WESTERTON CLOSE?

14 WESTERTON CLOSE is 85m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of semi-detached houses houses in Spennymoor, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Spennymoor, and where 14 WESTERTON CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 14 WESTERTON CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

14 WESTERTON CLOSE: Plot and Title Map

14 WESTERTON CLOSE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 14 WESTERTON 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 WESTERTON 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 WESTERTON CLOSE?

14 WESTERTON CLOSE is located in BINCHESTER MOOR, in the DL16 postcode district. The below map shows the position of No. 14 on WESTERTON CLOSE.