15, CRAGSIDE CLOSE, SPENNYMOOR, DL16 7SD - £103,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

15 CRAGSIDE CLOSE is a very small semi-detached house of 72m², built sometime between 1976 and 1982. It was last sold for £103,000 in August 2019, which was around 40% below the average August 2019 detached price in the County Durham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

15 CRAGSIDE CLOSE Sold Prices

Land registry data shows six sales for 15 CRAGSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the six 15 CRAGSIDE 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
2019 30 AUG	£103,000	£170,402	40% below HPI
2013 14 JUN	£99,000	£156,729	37% below HPI
2009 18 DEC	£102,000	£173,975	41% below HPI
2004 30 JUN	£98,000	£143,112	32% below HPI
2002 26 JUL	£55,500	£93,481	41% below HPI
1996 29 MAR	£50,500	£66,065	24% below HPI

15 CRAGSIDE 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 six 15 CRAGSIDE CLOSE sales between March 1996 and August 2019 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 June 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 15 CRAGSIDE CLOSE?

15 CRAGSIDE CLOSE is 72m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% 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 CRAGSIDE CLOSE lies on this distribution: 3% of detached houses are smaller than 15 CRAGSIDE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

15 CRAGSIDE CLOSE: Plot and Title Map

15 CRAGSIDE CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 15 CRAGSIDE 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 CRAGSIDE 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 CRAGSIDE CLOSE?

15 CRAGSIDE CLOSE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 15 on CRAGSIDE CLOSE.