35, SPENCER ROAD, SPENNYMOOR, DL16 7WA - £180,000

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

35 SPENCER ROAD is a very small detached house of 87m², built in 2016. It was last sold for £180,000 in May 2022, which was around 11% below the average May 2022 detached price in the County Durham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was B, and the potential energy rating was A.

35 SPENCER ROAD Sold Prices

Land registry data shows two sales for 35 SPENCER ROAD 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 35 SPENCER ROAD 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
2022 3 MAY	£180,000	£201,348	11% below HPI
2016 30 SEP	£162,500	£166,538	2% below HPI

35 SPENCER ROAD 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 35 SPENCER ROAD sales from September 2016 and May 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 September 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 35 SPENCER ROAD?

35 SPENCER ROAD is 87m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 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 35 SPENCER ROAD lies on this distribution: 15% of detached houses are smaller than 35 SPENCER ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

35 SPENCER ROAD: Plot and Title Map

35 SPENCER ROAD sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 35 SPENCER ROAD, 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 35 SPENCER ROAD). 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 35 SPENCER ROAD?

35 SPENCER ROAD is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 35 on SPENCER ROAD.