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

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 WESTERTON CLOSE is a midsized extended detached house of 111m², built sometime between 1991 and 1995, which could now be worth an estimated £278,125. It was last sold for £250,000 in July 2022, which was around 17% 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	£212,834	17% above HPI
2004 30 SEP	£189,950	£159,394	19% above HPI
2002 23 APR	£95,000	£89,966	6% above HPI
1997 31 JUL	£89,750	£73,933	21% 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 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2022 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 28 WESTERTON CLOSE be worth now?

28 WESTERTON CLOSE might now be worth an estimated £278,125.

This is based on house price inflation of 11.3%, between July 2022 and March 2025, 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 11.3% inflationary increase is applied to the most recent sale price for 28 WESTERTON CLOSE of £250,000 on 25th July 2022. For the value to have increased from £250,000 to £278,125 over the three years and four months to March 2025, the following assumptions must hold true:

• The value of 28 WESTERTON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 28 WESTERTON CLOSE has not materially changed since July 2022.

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 houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spennymoor, and where 28 WESTERTON CLOSE lies on this distribution: 53% of detached houses 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.