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

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

18 BUTTERMERE is a midsized extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £124,950 in February 2008, which was around 34% 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	£189,302	34% below HPI
2002 15 NOV	£92,950	£100,325	7% 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2008 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

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 in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 18 BUTTERMERE lies on this distribution: 56% of detached 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.