28, GRAYSON ROAD, SPENNYMOOR, DL16 7AB - £109,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 GRAYSON ROAD is a very large extended semi-detached house of 150m², built sometime between 1930 and 1949, which could now be worth an estimated £154,032. It was last sold for £109,000 in February 2018, which was around 12% above the average February 2018 semi-detached price in the County Durham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

28 GRAYSON ROAD Sold Prices

Land registry data shows four sales for 28 GRAYSON ROAD 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 28 GRAYSON ROAD sales were for above the average price, and four were for below 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
2018 23 FEB	£109,000	£97,673	12% above HPI
2013 19 AUG	£94,950	£95,561	1% below HPI
2011 1 JUL	£82,500	£98,600	16% below HPI
2004 18 MAY	£100,000	£80,391	24% above HPI

28 GRAYSON ROAD 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 28 GRAYSON ROAD sales between May 2004 and February 2018 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 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2018 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 28 GRAYSON ROAD be worth now?

28 GRAYSON ROAD might now be worth an estimated £154,032.

This is based on house price inflation of 41.3%, between February 2018 and March 2025, 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 41.3% inflationary increase is applied to the most recent sale price for 28 GRAYSON ROAD of £109,000 on 23rd February 2018. For the value to have increased from £109,000 to £154,032 over the six years and eleven months to March 2025, the following assumptions must hold true:

• The value of 28 GRAYSON ROAD has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The February 2018 sale price of £109,000 represented a fair market value for the property.
• The size, condition, and specification of 28 GRAYSON ROAD has not materially changed since February 2018.

How Large is 28 GRAYSON ROAD?

28 GRAYSON ROAD is 150m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 20% 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 28 GRAYSON ROAD lies on this distribution: 89% of semi-detached houses houses are smaller than 28 GRAYSON ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

28 GRAYSON ROAD: Plot and Title Map

28 GRAYSON ROAD sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 28 GRAYSON ROAD, 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 28 GRAYSON ROAD). 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 28 GRAYSON ROAD?

28 GRAYSON ROAD is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 28 on GRAYSON ROAD.