2, RIPLEY CLOSE, SPENNYMOOR, DL16 7FJ - £172,000

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 RIPLEY CLOSE is a small detached house of 93m². It was last sold for £172,000 in June 2019, which was around 1% above the average June 2019 detached price in the County Durham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was B, and the potential energy rating was B.

2 RIPLEY CLOSE Sold Prices

Land registry data shows two sales for 2 RIPLEY 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 2 RIPLEY CLOSE 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
2019 27 JUN	£172,000	£171,015	1% above HPI
2014 25 APR	£189,995	£149,605	27% above HPI

2 RIPLEY 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 2 RIPLEY CLOSE sales from April 2014 and June 2019 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 2014 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2019 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 2 RIPLEY CLOSE?

2 RIPLEY CLOSE is 93m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 30% 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 RIPLEY CLOSE lies on this distribution: 26% of detached houses are smaller than 2 RIPLEY CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

2 RIPLEY CLOSE: Plot and Title Map

2 RIPLEY CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 2 RIPLEY 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 2 RIPLEY 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 2 RIPLEY CLOSE?

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