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

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 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 18% 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. All 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	£190,082	18% below HPI
2003 10 NOV	£125,000	£126,991	2% below HPI
2000 27 OCT	£69,500	£82,804	16% below HPI
1998 28 AUG	£66,500	£75,444	12% 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 14 YEW CLOSE be worth now?

14 YEW CLOSE might now be worth an estimated £191,903.

This is based on house price inflation of 23.4%, between February 2021 and December 2024, 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 23.4% inflationary increase is applied to the most recent sale price for 14 YEW CLOSE of £155,500 on 23rd February 2021. For the value to have increased from £155,500 to £191,903 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 14 YEW CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2021 sale price of £155,500 represented a fair market value for the property.
• The size, condition, and specification of 14 YEW CLOSE has not materially changed since February 2021.

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 houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spennymoor, and where 14 YEW CLOSE lies on this distribution: 24% of detached houses houses are smaller than 14 YEW CLOSE, and 75% 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.