2, CALDERMERE, SPENNYMOOR, DL16 6XT - £160,000

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

2 CALDERMERE is a very small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £160,000 in October 2021, which was around 23% below the average October 2021 detached price in the County Durham local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

2 CALDERMERE Sold Prices

Land registry data shows three sales for 2 CALDERMERE 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 2 CALDERMERE 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
2021 1 OCT	£160,000	£207,295	23% below HPI
2015 2 APR	£135,000	£161,200	16% below HPI
2009 11 SEP	£110,000	£175,325	37% below HPI

2 CALDERMERE 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 2 CALDERMERE sales between September 2009 and October 2021 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 April 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 CALDERMERE be worth now?

2 CALDERMERE might now be worth an estimated £181,061.

This is based on house price inflation of 13.2%, between October 2021 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 13.2% inflationary increase is applied to the most recent sale price for 2 CALDERMERE of £160,000 on 1st October 2021. For the value to have increased from £160,000 to £181,061 over the two years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 CALDERMERE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2021 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CALDERMERE has not materially changed since October 2021.

How Large is 2 CALDERMERE?

2 CALDERMERE is 84m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% 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 CALDERMERE lies on this distribution: 14% of detached houses houses are smaller than 2 CALDERMERE, and 85% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

2 CALDERMERE: Plot and Title Map

2 CALDERMERE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 2 CALDERMERE, 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 CALDERMERE). 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 CALDERMERE?

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