17, BURN TERRACE, SPENNYMOOR, DL16 6DS - £118,000

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

17 BURN TERRACE is a midsized extended detached house of 105m², built sometime between 1900 and 1929. It was last sold for £118,000 in July 2006, which was around 36% below the average July 2006 detached price in the County Durham local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.

17 BURN TERRACE Sold Prices

Land registry data shows three sales for 17 BURN TERRACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 17 BURN TERRACE 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
2006 28 JUL	£118,000	£184,919	36% below HPI
2002 28 MAR	£57,400	£88,539	35% below HPI
1996 1 NOV	£40,000	£71,036	44% below HPI

17 BURN TERRACE 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 three 17 BURN TERRACE sales between November 1996 and July 2006 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 March 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2006 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 17 BURN TERRACE be worth now?

17 BURN TERRACE might now be worth an estimated £149,690.

This is based on house price inflation of 26.9%, between July 2006 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 26.9% inflationary increase is applied to the most recent sale price for 17 BURN TERRACE of £118,000 on 28th July 2006. For the value to have increased from £118,000 to £149,690 over the seventeen years and seven months to December 2024, the following assumptions must hold true:

• The value of 17 BURN TERRACE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2006 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 17 BURN TERRACE has not materially changed since July 2006.

How Large is 17 BURN TERRACE?

17 BURN TERRACE is 105m², which includes two extensions, according to the EPC inspection conducted in September 2024. This puts it in the smallest 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 17 BURN TERRACE lies on this distribution: 45% of detached houses houses are smaller than 17 BURN TERRACE, and 55% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

17 BURN TERRACE: Plot and Title Map

17 BURN TERRACE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 17 BURN TERRACE, 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 17 BURN TERRACE). 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 17 BURN TERRACE?

17 BURN TERRACE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 17 on BURN TERRACE.