18, WESTERTON CLOSE, BINCHESTER MOOR, SPENNYMOOR, DL16 7BJ - £94,000

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 WESTERTON CLOSE is a very small extended semi-detached house of 76m², built sometime between 1991 and 1995. It was last sold for £94,000 in November 2015, which was around 41% below the average November 2015 detached price in the County Durham local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

18 WESTERTON CLOSE Sold Prices

Land registry data shows two sales for 18 WESTERTON CLOSE 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 WESTERTON CLOSE 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
2015 5 NOV	£94,000	£160,465	41% below HPI
1997 27 MAR	£59,950	£66,847	10% below HPI

18 WESTERTON 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 two 18 WESTERTON CLOSE sales from March 1997 and November 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 March 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2015 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 18 WESTERTON CLOSE?

18 WESTERTON CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% 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 WESTERTON CLOSE lies on this distribution: 6% of detached houses are smaller than 18 WESTERTON CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

18 WESTERTON CLOSE: Plot and Title Map

18 WESTERTON CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 18 WESTERTON 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 18 WESTERTON 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 18 WESTERTON CLOSE?

18 WESTERTON CLOSE is located in BINCHESTER MOOR, in the DL16 postcode district. The below map shows the position of No. 18 on WESTERTON CLOSE.