2, MEADOW GREEN, SPENNYMOOR, DL16 6TW - £150,000

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

2 MEADOW GREEN is a very small extended detached house of 83m², built sometime between 1996 and 2002. It was last sold for £150,000 in February 2016, which was around 6% below the average February 2016 detached price in the County Durham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

2 MEADOW GREEN Sold Prices

Land registry data shows two sales for 2 MEADOW 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. One of the two 2 MEADOW GREEN sales was for below the average price, whilst the other was 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
2016 26 FEB	£150,000	£160,165	6% below HPI
1996 24 SEP	£71,450	£67,927	5% above HPI

2 MEADOW 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 MEADOW GREEN sales from September 1996 and February 2016 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 September 1996 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 MEADOW GREEN?

2 MEADOW GREEN is 83m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 2 MEADOW GREEN lies on this distribution: 13% of detached houses are smaller than 2 MEADOW GREEN, and 87% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

2 MEADOW GREEN: Plot and Title Map

2 MEADOW GREEN sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 2 MEADOW 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 MEADOW 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 MEADOW GREEN?

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