18, BUTTERMERE, SPENNYMOOR, DL16 6UD - £124,950

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

18 BUTTERMERE is a midsized extended detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £150,627. It was last sold for £124,950 in February 2008, which was around 36% below the average February 2008 detached price in the County Durham local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

18 BUTTERMERE Sold Prices

Land registry data shows two sales for 18 BUTTERMERE 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 18 BUTTERMERE 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
2008 28 FEB	£124,950	£194,592	36% below HPI
2002 15 NOV	£92,950	£103,128	10% below HPI

18 BUTTERMERE 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 18 BUTTERMERE sales from November 2002 and February 2008 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 November 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2008 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 18 BUTTERMERE be worth now?

18 BUTTERMERE might now be worth an estimated £150,627.

This is based on house price inflation of 20.6%, between February 2008 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 20.6% inflationary increase is applied to the most recent sale price for 18 BUTTERMERE of £124,950 on 28th February 2008. For the value to have increased from £124,950 to £150,627 over the fifteen years and two months to December 2024, the following assumptions must hold true:

• The value of 18 BUTTERMERE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2008 sale price of £124,950 represented a fair market value for the property.
• The size, condition, and specification of 18 BUTTERMERE has not materially changed since February 2008.

How Large is 18 BUTTERMERE?

18 BUTTERMERE is 113m², which includes two extensions, according to the EPC inspection conducted in July 2022. 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 18 BUTTERMERE lies on this distribution: 57% of detached houses houses are smaller than 18 BUTTERMERE, and 42% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

18 BUTTERMERE: Plot and Title Map

18 BUTTERMERE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 18 BUTTERMERE, 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 18 BUTTERMERE). 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 18 BUTTERMERE?

18 BUTTERMERE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 18 on BUTTERMERE.