28, WESTERTON CLOSE, BINCHESTER MOOR, SPENNYMOOR, DL16 7BJ - £250,000

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

28 WESTERTON CLOSE is a midsized extended detached house of 111m², built sometime between 1991 and 1995. It was last sold for £250,000 in July 2022, which was around 21% above the average July 2022 detached price in the County Durham local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

28 WESTERTON CLOSE Sold Prices

Land registry data shows four sales for 28 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 28 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 25 JUL	£250,000	£207,048	21% above HPI
2004 30 SEP	£189,950	£155,060	23% above HPI
2002 23 APR	£95,000	£87,520	9% above HPI
1997 31 JUL	£89,750	£71,923	25% above HPI

28 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 28 WESTERTON CLOSE sales between July 1997 and July 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 September 2004 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2022 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 28 WESTERTON CLOSE?

28 WESTERTON CLOSE is 111m², which includes three extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 50% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 28 WESTERTON CLOSE lies on this distribution: 53% of detached houses are smaller than 28 WESTERTON CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

28 WESTERTON CLOSE: Plot and Title Map

28 WESTERTON CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 28 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 28 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 28 WESTERTON CLOSE?

28 WESTERTON CLOSE is located in BINCHESTER MOOR, in the DL16 postcode district. The below map shows the position of No. 28 on WESTERTON CLOSE.