24, JUBILEE CLOSE, SPENNYMOOR, DL16 6GA - £114,000

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

24 JUBILEE CLOSE is a small extended semi-detached house of 99m², built sometime between 2003 and 2006. It was last sold for £114,000 in September 2013, which was around 19% above the average September 2013 semi-detached price in the County Durham local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

24 JUBILEE CLOSE Sold Prices

Land registry data shows two sales for 24 JUBILEE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two 24 JUBILEE 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
2013 27 SEP	£114,000	£96,106	19% above HPI
2006 29 SEP	£140,000	£109,405	28% above HPI

24 JUBILEE 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 two 24 JUBILEE CLOSE sales from September 2006 and September 2013 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 2006 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2013 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 24 JUBILEE CLOSE be worth now?

24 JUBILEE CLOSE might now be worth an estimated £160,667.

This is based on house price inflation of 40.9%, between September 2013 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 40.9% inflationary increase is applied to the most recent sale price for 24 JUBILEE CLOSE of £114,000 on 27th September 2013. For the value to have increased from £114,000 to £160,667 over the ten years and nine months to December 2024, the following assumptions must hold true:

• The value of 24 JUBILEE CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The September 2013 sale price of £114,000 represented a fair market value for the property.
• The size, condition, and specification of 24 JUBILEE CLOSE has not materially changed since September 2013.

How Large is 24 JUBILEE CLOSE?

24 JUBILEE CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 40% 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 24 JUBILEE CLOSE lies on this distribution: 34% of semi-detached houses houses are smaller than 24 JUBILEE CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

24 JUBILEE CLOSE: Plot and Title Map

24 JUBILEE CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 24 JUBILEE 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 24 JUBILEE 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 24 JUBILEE CLOSE?

24 JUBILEE CLOSE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 24 on JUBILEE CLOSE.