2, ABBEY GREEN, SPENNYMOOR, DL16 6PD - £310,000

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.

2 ABBEY GREEN is a very large detached house of 172m², which could now be worth an estimated £328,214. It was last sold for £310,000 in December 2022, which was around 39% above the average December 2022 detached price in the County Durham local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was B.

2 ABBEY GREEN Sold Prices

Land registry data shows two sales for 2 ABBEY GREEN 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 2 ABBEY GREEN sales were for above 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
2022 16 DEC	£310,000	£223,058	39% above HPI
2013 10 MAY	£250,000	£161,470	55% above HPI

2 ABBEY GREEN 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 2 ABBEY GREEN sales from May 2013 and December 2022 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 May 2013 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the December 2022 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 2 ABBEY GREEN be worth now?

2 ABBEY GREEN might now be worth an estimated £328,214.

This is based on house price inflation of 5.9%, between December 2022 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 5.9% inflationary increase is applied to the most recent sale price for 2 ABBEY GREEN of £310,000 on 16th December 2022. For the value to have increased from £310,000 to £328,214 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 ABBEY GREEN has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2022 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ABBEY GREEN has not materially changed since December 2022.

How Large is 2 ABBEY GREEN?

2 ABBEY GREEN is 172m² according to the EPC inspection conducted in April 2013. This puts it in the largest 10% 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 2 ABBEY GREEN lies on this distribution: 95% of detached houses houses are smaller than 2 ABBEY GREEN, and 5% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

2 ABBEY GREEN: Plot and Title Map

2 ABBEY GREEN sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 2 ABBEY GREEN, 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 2 ABBEY GREEN). 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 2 ABBEY GREEN?

2 ABBEY GREEN is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 2 on ABBEY GREEN.