3, HEWICK ROAD, SPENNYMOOR, DL16 6PF - £327,500

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

3 HEWICK ROAD is a very large detached house of 161m². It was last sold for £327,500 in September 2023, which was around 56% above the average September 2023 detached price in the County Durham local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was A.

3 HEWICK ROAD Sold Prices

Land registry data shows two sales for 3 HEWICK ROAD 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. Both of the two 3 HEWICK ROAD 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
2023 5 SEP	£327,500	£209,690	56% above HPI
2017 25 OCT	£274,950	£169,518	62% above HPI

3 HEWICK ROAD 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 HEWICK ROAD sales from October 2017 and September 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 October 2017 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the September 2023 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 3 HEWICK ROAD?

3 HEWICK ROAD is 161m² according to the EPC inspection conducted in July 2017. This puts it in the largest 10% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 3 HEWICK ROAD lies on this distribution: 91% of detached houses are smaller than 3 HEWICK ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

3 HEWICK ROAD: Plot and Title Map

3 HEWICK ROAD sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 3 HEWICK 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 3 HEWICK 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 3 HEWICK ROAD?

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