3, SNOWDROP CLOSE, SPENNYMOOR, DL16 7EX - £223,000

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

3 SNOWDROP CLOSE is a very large detached house of 131m². It was last sold for £223,000 in July 2023, which was around 9% above the average July 2023 detached price in the County Durham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was C.

3 SNOWDROP CLOSE Sold Prices

Land registry data shows two sales for 3 SNOWDROP 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. Both of the two 3 SNOWDROP CLOSE 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 20 JUL	£223,000	£205,116	9% above HPI
2014 17 JUL	£174,995	£159,649	10% above HPI

3 SNOWDROP 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 SNOWDROP CLOSE sales from July 2014 and July 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 2014 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2023 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 3 SNOWDROP CLOSE?

3 SNOWDROP CLOSE is 131m² according to the EPC inspection conducted in January 2014. 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 3 SNOWDROP CLOSE lies on this distribution: 81% of detached houses are smaller than 3 SNOWDROP CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

3 SNOWDROP CLOSE: Plot and Title Map

3 SNOWDROP CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 3 SNOWDROP 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 SNOWDROP 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 SNOWDROP CLOSE?

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