26, WESTERTON CLOSE, BINCHESTER MOOR, SPENNYMOOR, DL16 7BJ - £134,000

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

26 WESTERTON CLOSE is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £134,000 in October 2012, which was around 20% below the average October 2012 detached price in the County Durham local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

26 WESTERTON CLOSE Sold Prices

Land registry data shows three sales for 26 WESTERTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. The three 26 WESTERTON CLOSE sales were a mix of below the average price, and roughly equal to 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
2012 5 OCT	£134,000	£167,817	20% below HPI
2003 1 JUL	£115,000	£118,143	3% below HPI
1996 4 OCT	£70,750	£70,985	Close to HPI

26 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 three 26 WESTERTON CLOSE sales between October 1996 and October 2012 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 July 2003 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2012 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 26 WESTERTON CLOSE be worth now?

26 WESTERTON CLOSE might now be worth an estimated £187,310.

This is based on house price inflation of 39.8%, between October 2012 and December 2024, for 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 39.8% inflationary increase is applied to the most recent sale price for 26 WESTERTON CLOSE of £134,000 on 5th October 2012. For the value to have increased from £134,000 to £187,310 over the eleven years and ten months to December 2024, the following assumptions must hold true:

• The value of 26 WESTERTON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2012 sale price of £134,000 represented a fair market value for the property.
• The size, condition, and specification of 26 WESTERTON CLOSE has not materially changed since October 2012.

How Large is 26 WESTERTON CLOSE?

26 WESTERTON CLOSE is 79m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of detached houses houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spennymoor, and where 26 WESTERTON CLOSE lies on this distribution: 9% of detached houses houses are smaller than 26 WESTERTON CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

26 WESTERTON CLOSE: Plot and Title Map

26 WESTERTON CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 26 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 26 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 26 WESTERTON CLOSE?

26 WESTERTON CLOSE is located in BINCHESTER MOOR, in the DL16 postcode district. The below map shows the position of No. 26 on WESTERTON CLOSE.