3, CASTLE CLOSE, SPENNYMOOR, DL16 6TR - £170,000

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

3 CASTLE CLOSE is a large extended detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £235,104. It was last sold for £170,000 in November 2011, which was about the average November 2011 detached price in the County Durham local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

3 CASTLE CLOSE Sold Prices

Land registry data shows two sales for 3 CASTLE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. One of the two 3 CASTLE CLOSE sales was roughly equal to the average price, whilst the other was 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
2011 25 NOV	£170,000	£169,622	Close to HPI
2000 11 AUG	£83,500	£85,128	2% below HPI

3 CASTLE 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 two 3 CASTLE CLOSE sales from August 2000 and November 2011 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 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2011 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 CASTLE CLOSE be worth now?

3 CASTLE CLOSE might now be worth an estimated £235,104.

This is based on house price inflation of 38.3%, between November 2011 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 38.3% inflationary increase is applied to the most recent sale price for 3 CASTLE CLOSE of £170,000 on 25th November 2011. For the value to have increased from £170,000 to £235,104 over the twelve years and eleven months to December 2024, the following assumptions must hold true:

• The value of 3 CASTLE CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2011 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CASTLE CLOSE has not materially changed since November 2011.

How Large is 3 CASTLE CLOSE?

3 CASTLE CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the largest 40% 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 3 CASTLE CLOSE lies on this distribution: 67% of detached houses houses are smaller than 3 CASTLE CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

3 CASTLE CLOSE: Plot and Title Map

3 CASTLE CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 3 CASTLE 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 3 CASTLE 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 3 CASTLE CLOSE?

3 CASTLE CLOSE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 3 on CASTLE CLOSE.