21, MAGNOLIA WALK, SPENNYMOOR, DL16 7EP - £189,000

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

21 MAGNOLIA WALK is a very large detached house of 138m². It was last sold for £189,000 in March 2021, which was around 2% above the average March 2021 detached price in the County Durham local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

21 MAGNOLIA WALK Sold Prices

Land registry data shows two sales for 21 MAGNOLIA WALK 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 21 MAGNOLIA WALK 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
2021 12 MAR	£189,000	£186,145	2% above HPI
2012 29 JUN	£189,995	£159,647	19% above HPI

21 MAGNOLIA WALK 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 21 MAGNOLIA WALK sales from June 2012 and March 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 June 2012 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the March 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 21 MAGNOLIA WALK?

21 MAGNOLIA WALK is 138m² according to the EPC inspection conducted in November 2010. This puts it in the largest 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 21 MAGNOLIA WALK lies on this distribution: 86% of detached houses are smaller than 21 MAGNOLIA WALK, and 14% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

21 MAGNOLIA WALK: Plot and Title Map

21 MAGNOLIA WALK sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 21 MAGNOLIA WALK, 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 21 MAGNOLIA WALK). 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 21 MAGNOLIA WALK?

21 MAGNOLIA WALK is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 21 on MAGNOLIA WALK.