15, SPENCER ROAD, SPENNYMOOR, DL16 7WA - £177,500

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

15 SPENCER ROAD is a very small detached house of 87m². It was last sold for £177,500 in February 2022, which was around 10% below the average February 2022 detached price in the County Durham local authority area. The most recent EPC inspection was December 2016, where the current energy rating was B, and the potential energy rating was A.

15 SPENCER ROAD Sold Prices

Land registry data shows two sales for 15 SPENCER ROAD 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. One of the two 15 SPENCER ROAD sales was for below the average price, whilst the other was 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 16 FEB	£177,500	£196,925	10% below HPI
2017 5 JAN	£164,995	£163,411	1% above HPI

15 SPENCER ROAD 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 SPENCER ROAD sales from January 2017 and February 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 January 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 15 SPENCER ROAD?

15 SPENCER ROAD is 87m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 20% 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 SPENCER ROAD lies on this distribution: 15% of detached houses are smaller than 15 SPENCER ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

15 SPENCER ROAD: Plot and Title Map

15 SPENCER ROAD sits on a plot of roughly 0.051 of an acre, or 204m². The below map shows the location of 15 SPENCER ROAD, 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 SPENCER ROAD). 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 SPENCER ROAD?

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