3, MAYFIELDS, SPENNYMOOR, DL16 6RN - £73,500

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.

3 MAYFIELDS is a large extended detached house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £163,512. It was last sold for £73,500 in January 2003, which was around 31% below the average January 2003 detached price in the County Durham local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was C.

3 MAYFIELDS Sold Prices

Land registry data shows two sales for 3 MAYFIELDS 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 MAYFIELDS 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
2003 31 JAN	£73,500	£106,158	31% below HPI
1996 26 JAN	£51,500	£68,358	25% below HPI

3 MAYFIELDS 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 MAYFIELDS sales from January 1996 and January 2003 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 January 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2003 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 3 MAYFIELDS be worth now?

3 MAYFIELDS might now be worth an estimated £163,512.

This is based on house price inflation of 122.5%, between January 2003 and February 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 122.5% inflationary increase is applied to the most recent sale price for 3 MAYFIELDS of £73,500 on 31st January 2003. For the value to have increased from £73,500 to £163,512 over the 21 years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 MAYFIELDS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The January 2003 sale price of £73,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MAYFIELDS has not materially changed since January 2003.

How Large is 3 MAYFIELDS?

3 MAYFIELDS is 123m², which includes three extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 30% 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 MAYFIELDS lies on this distribution: 71% of detached houses houses are smaller than 3 MAYFIELDS, and 29% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

3 MAYFIELDS: Plot and Title Map

3 MAYFIELDS sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 3 MAYFIELDS, 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 MAYFIELDS). 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 MAYFIELDS?

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