23, STANHOPE CLOSE, SPENNYMOOR, DL16 6LZ - £95,000

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

23 STANHOPE CLOSE is a very small semi-detached house of 66m², built sometime between 1967 and 1975. It was last sold for £95,000 in April 2010, which was around 6% below the average April 2010 semi-detached price in the County Durham local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was C.

23 STANHOPE CLOSE Sold Prices

Land registry data shows four sales for 23 STANHOPE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. two of the four 23 STANHOPE CLOSE sales were for below the average price, and four 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
2010 30 APR	£95,000	£101,334	6% below HPI
2007 17 AUG	£119,950	£114,660	5% above HPI
2005 9 DEC	£86,000	£104,037	17% below HPI
2002 22 NOV	£67,950	£54,826	24% above HPI

23 STANHOPE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The four 23 STANHOPE CLOSE sales between November 2002 and April 2010 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 August 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2010 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 23 STANHOPE CLOSE be worth now?

23 STANHOPE CLOSE might now be worth an estimated £126,982.

This is based on house price inflation of 33.7%, between April 2010 and December 2024, for semi-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 33.7% inflationary increase is applied to the most recent sale price for 23 STANHOPE CLOSE of £95,000 on 30th April 2010. For the value to have increased from £95,000 to £126,982 over the thirteen years and four months to December 2024, the following assumptions must hold true:

• The value of 23 STANHOPE CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The April 2010 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 23 STANHOPE CLOSE has not materially changed since April 2010.

How Large is 23 STANHOPE CLOSE?

23 STANHOPE CLOSE is 66m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of semi-detached houses houses in Spennymoor, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Spennymoor, and where 23 STANHOPE CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 23 STANHOPE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

23 STANHOPE CLOSE: Plot and Title Map

23 STANHOPE CLOSE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 23 STANHOPE 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 23 STANHOPE 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 23 STANHOPE CLOSE?

23 STANHOPE CLOSE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 23 on STANHOPE CLOSE.