4, EVE LANE, SPENNYMOOR, DL16 6NN - £397,500

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

4 EVE LANE is a very large detached house of 227m². It was last sold for £397,500 in March 2021, which was around 108% above the average March 2021 detached price in the County Durham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was B.

4 EVE LANE Sold Prices

Land registry data shows two sales for 4 EVE LANE 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 4 EVE LANE 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
2021 26 MAR	£397,500	£191,347	108% above HPI
2016 26 FEB	£418,000	£164,642	154% above HPI

4 EVE LANE 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 4 EVE LANE sales from February 2016 and March 2021 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 February 2016 sale was for 154% above the HPI. So the extrapolation line tracks at 154% above the HPI over time, until the March 2021 sale, where it falls to 108% above the HPI. The line then continues to track at 108% above the HPI.

What might 4 EVE LANE be worth now?

4 EVE LANE might now be worth an estimated £487,313.

This is based on house price inflation of 22.6%, between March 2021 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 22.6% inflationary increase is applied to the most recent sale price for 4 EVE LANE of £397,500 on 26th March 2021. For the value to have increased from £397,500 to £487,313 over the two years and three months to December 2024, the following assumptions must hold true:

• The value of 4 EVE LANE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2021 sale price of £397,500 represented a fair market value for the property.
• The size, condition, and specification of 4 EVE LANE has not materially changed since March 2021.

How Large is 4 EVE LANE?

4 EVE LANE is 227m² according to the EPC inspection conducted in July 2015. This puts it in the largest 10% 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 4 EVE LANE lies on this distribution: 99% of detached houses houses are smaller than 4 EVE LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

4 EVE LANE: Plot and Title Map

4 EVE LANE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 4 EVE LANE, 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 4 EVE LANE). 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 4 EVE LANE?

4 EVE LANE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 4 on EVE LANE.