29, GRASMERE, SPENNYMOOR, DL16 6TX - £176,000

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

29 GRASMERE is a very large detached house of 134m², built sometime between 1983 and 1990. It was last sold for £176,000 in January 2023, which was around 18% below the average January 2023 detached price in the County Durham local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

29 GRASMERE Sold Prices

Land registry data shows five sales for 29 GRASMERE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the five 29 GRASMERE sales 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
2023 27 JAN	£176,000	£215,282	18% below HPI
2012 17 JUL	£123,000	£160,086	23% below HPI
2007 11 MAY	£137,500	£183,519	25% below HPI
2007 18 APR	£136,000	£181,537	25% below HPI
1995 8 DEC	£57,500	£66,214	13% below HPI

29 GRASMERE 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 five 29 GRASMERE sales between December 1995 and January 2023 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 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 29 GRASMERE?

29 GRASMERE is 134m² according to the EPC inspection conducted in February 2021. This puts it in the largest 20% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 29 GRASMERE lies on this distribution: 83% of detached houses are smaller than 29 GRASMERE, and 17% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

29 GRASMERE: Plot and Title Map

29 GRASMERE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 29 GRASMERE, 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 29 GRASMERE). 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 29 GRASMERE?

29 GRASMERE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 29 on GRASMERE.