3, PARKDALE, SPENNYMOOR, DL16 6XU - £160,000

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 PARKDALE is a very small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £160,000 in October 2005, which was around 11% below the average October 2005 detached price in the County Durham local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

3 PARKDALE Sold Prices

Land registry data shows two sales for 3 PARKDALE 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 PARKDALE sales was for below the average price, whilst the other was 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
2005 20 OCT	£160,000	£178,880	11% below HPI
2004 17 SEP	£167,000	£159,394	5% above HPI

3 PARKDALE 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 PARKDALE sales from September 2004 and October 2005 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 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2005 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 PARKDALE be worth now?

3 PARKDALE might now be worth an estimated £209,822.

This is based on house price inflation of 31.1%, between October 2005 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 31.1% inflationary increase is applied to the most recent sale price for 3 PARKDALE of £160,000 on 20th October 2005. For the value to have increased from £160,000 to £209,822 over the eighteen years and ten months to December 2024, the following assumptions must hold true:

• The value of 3 PARKDALE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2005 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARKDALE has not materially changed since October 2005.

How Large is 3 PARKDALE?

3 PARKDALE is 82m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 20% 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 PARKDALE lies on this distribution: 12% of detached houses houses are smaller than 3 PARKDALE, and 87% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

3 PARKDALE: Plot and Title Map

3 PARKDALE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 3 PARKDALE, 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 PARKDALE). 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 PARKDALE?

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