14, YEW CLOSE, SPENNYMOOR, DL16 7XY - £155,500

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 YEW CLOSE is a small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £155,500 in February 2021, which was around 16% below the average February 2021 detached price in the County Durham local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

14 YEW CLOSE Sold Prices

Land registry data shows four sales for 14 YEW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Most of the four 14 YEW CLOSE 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
2021 23 FEB	£155,500	£184,914	16% below HPI
2003 10 NOV	£125,000	£123,539	1% above HPI
2000 27 OCT	£69,500	£80,553	14% below HPI
1998 28 AUG	£66,500	£73,393	9% below HPI

14 YEW 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 four 14 YEW CLOSE sales between August 1998 and February 2021 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 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 14 YEW CLOSE?

14 YEW CLOSE is 90m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the smallest 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 YEW CLOSE lies on this distribution: 24% of detached houses are smaller than 14 YEW CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

14 YEW CLOSE: Plot and Title Map

14 YEW CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 14 YEW 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 YEW 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 YEW CLOSE?

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