34, THE SPINNEY, EASINGTON VILLAGE, PETERLEE, SR8 3NX - £305,000

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

34 THE SPINNEY is a very large extended detached house of 141m², built sometime between 1996 and 2002. It was last sold for £305,000 in June 2022, which was around 50% above the average June 2022 detached price in the County Durham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

34 THE SPINNEY Sold Prices

Land registry data shows two sales for 34 THE SPINNEY 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 34 THE SPINNEY 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
2022 30 JUN	£305,000	£203,387	50% above HPI
1999 21 MAY	£90,000	£72,153	25% above HPI

34 THE SPINNEY 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 34 THE SPINNEY sales from May 1999 and June 2022 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 May 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the June 2022 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 34 THE SPINNEY?

34 THE SPINNEY is 141m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 20% of detached houses in Easington, based on EPC data. The below chart shows the distribution of detached houses by size in Easington, and where 34 THE SPINNEY lies on this distribution: 88% of detached houses are smaller than 34 THE SPINNEY, and 12% of houses are larger. Note that EPC data is not available for all properties in Easington.

34 THE SPINNEY: Plot and Title Map

34 THE SPINNEY sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 34 THE SPINNEY, 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 34 THE SPINNEY). 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 34 THE SPINNEY?

34 THE SPINNEY is located in EASINGTON VILLAGE, in the SR8 postcode district. The below map shows the position of No. 34 on THE SPINNEY.