23, WESTERTON CLOSE, BINCHESTER MOOR, SPENNYMOOR, DL16 7BJ - £228,000

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

23 WESTERTON CLOSE is a very large extended detached house of 141m², built sometime between 1996 and 2002. It was last sold for £228,000 in August 2022, which was around 8% above the average August 2022 detached price in the County Durham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

23 WESTERTON CLOSE Sold Prices

Land registry data shows four sales for 23 WESTERTON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 23 WESTERTON 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
2022 4 AUG	£228,000	£210,766	8% above HPI
2020 13 MAR	£185,000	£165,142	12% above HPI
2019 19 DEC	£195,000	£168,085	16% above HPI
1998 24 AUG	£95,750	£73,393	30% above HPI

23 WESTERTON 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 four 23 WESTERTON CLOSE sales between August 1998 and August 2022 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 March 2020 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2022 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 23 WESTERTON CLOSE?

23 WESTERTON CLOSE is 141m², which includes two extensions, according to the EPC inspection conducted in June 2019. 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 23 WESTERTON CLOSE lies on this distribution: 87% of detached houses are smaller than 23 WESTERTON CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

23 WESTERTON CLOSE: Plot and Title Map

23 WESTERTON CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 23 WESTERTON 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 WESTERTON 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 WESTERTON CLOSE?

23 WESTERTON CLOSE is located in BINCHESTER MOOR, in the DL16 postcode district. The below map shows the position of No. 23 on WESTERTON CLOSE.