16, ALMOND CLOSE, SPENNYMOOR, DL16 7YG - £172,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 ALMOND CLOSE is a midsized extended detached house of 110m², built sometime between 1996 and 2002, which could now be worth an estimated £251,986. It was last sold for £172,000 in April 2015, which was around 7% above the average April 2015 detached price in the County Durham local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

16 ALMOND CLOSE Sold Prices

Land registry data shows four sales for 16 ALMOND 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. two of the four 16 ALMOND CLOSE sales were for above the average price, and four 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
2015 10 APR	£172,000	£161,200	7% above HPI
2006 25 OCT	£186,000	£188,045	1% below HPI
2006 11 AUG	£180,000	£187,754	4% below HPI
2001 23 NOV	£96,995	£89,290	9% above HPI

16 ALMOND 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 16 ALMOND CLOSE sales between November 2001 and April 2015 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 October 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2015 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 16 ALMOND CLOSE be worth now?

16 ALMOND CLOSE might now be worth an estimated £251,986.

This is based on house price inflation of 46.5%, between April 2015 and February 2025, 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 46.5% inflationary increase is applied to the most recent sale price for 16 ALMOND CLOSE of £172,000 on 10th April 2015. For the value to have increased from £172,000 to £251,986 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 16 ALMOND CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2015 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ALMOND CLOSE has not materially changed since April 2015.

How Large is 16 ALMOND CLOSE?

16 ALMOND CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 50% 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 16 ALMOND CLOSE lies on this distribution: 53% of detached houses houses are smaller than 16 ALMOND CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

16 ALMOND CLOSE: Plot and Title Map

16 ALMOND CLOSE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 16 ALMOND 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 16 ALMOND 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 16 ALMOND CLOSE?

16 ALMOND CLOSE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 16 on ALMOND CLOSE.