15, ASPEN CLOSE, MIDDLESTONE MOOR, SPENNYMOOR, DL16 7YQ - £240,000

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

15 ASPEN CLOSE is a small detached house of 95m², built sometime between 1996 and 2002. It was last sold for £240,000 in August 2022, which was around 14% above the average August 2022 detached price in the County Durham local authority area. The most recent EPC inspection was June 2022, where the current energy rating was B, and the potential energy rating was B.

15 ASPEN CLOSE Sold Prices

Land registry data shows two sales for 15 ASPEN CLOSE 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 15 ASPEN 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
2022 19 AUG	£240,000	£210,766	14% above HPI
2001 19 JUL	£91,500	£82,054	12% above HPI

15 ASPEN 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 two 15 ASPEN CLOSE sales from July 2001 and August 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 July 2001 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2022 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 15 ASPEN CLOSE?

15 ASPEN CLOSE is 95m² according to the EPC inspection conducted in June 2022. 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 15 ASPEN CLOSE lies on this distribution: 29% of detached houses are smaller than 15 ASPEN CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

15 ASPEN CLOSE: Plot and Title Map

15 ASPEN CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 15 ASPEN 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 15 ASPEN 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 15 ASPEN CLOSE?

15 ASPEN CLOSE is located in MIDDLESTONE MOOR, in the DL16 postcode district. The below map shows the position of No. 15 on ASPEN CLOSE.