32, CRAGSIDE CLOSE, SPENNYMOOR, DL16 7SD - £168,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

32 CRAGSIDE CLOSE is a small extended detached house of 93m², built sometime between 1991 and 1995. It was last sold for £168,000 in February 2016, which was around 5% above the average February 2016 detached price in the County Durham local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

32 CRAGSIDE CLOSE Sold Prices

Land registry data shows three sales for 32 CRAGSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. The three 32 CRAGSIDE CLOSE sales were a mix of above the average price, and roughly equal to 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
2016 26 FEB	£168,000	£160,165	5% above HPI
2006 24 NOV	£182,500	£182,475	Close to HPI
1996 14 MAY	£75,650	£67,177	13% above HPI

32 CRAGSIDE 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 three 32 CRAGSIDE CLOSE sales between May 1996 and February 2016 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 November 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2016 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 32 CRAGSIDE CLOSE?

32 CRAGSIDE CLOSE is 93m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 32 CRAGSIDE CLOSE lies on this distribution: 26% of detached houses are smaller than 32 CRAGSIDE CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

32 CRAGSIDE CLOSE: Plot and Title Map

32 CRAGSIDE CLOSE sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 32 CRAGSIDE 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 32 CRAGSIDE 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 32 CRAGSIDE CLOSE?

32 CRAGSIDE CLOSE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 32 on CRAGSIDE CLOSE.