4, GREEN LANE, SPENNYMOOR, DL16 6HD - £265,000

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

4 GREEN LANE is a very large extended detached house of 313m², built sometime before 1900. It was last sold for £265,000 in February 2018, which was around 59% above the average February 2018 detached price in the County Durham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was F, and the potential energy rating was C.

4 GREEN LANE Sold Prices

Land registry data shows two sales for 4 GREEN 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 GREEN 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
2018 23 FEB	£265,000	£166,178	59% above HPI
2003 21 MAR	£235,000	£106,570	121% above HPI

4 GREEN 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 GREEN LANE sales from March 2003 and February 2018 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 March 2003 sale was for 121% above the HPI. So the extrapolation line tracks at 121% above the HPI over time, until the February 2018 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 4 GREEN LANE?

4 GREEN LANE is 313m², which includes two extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 10% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 4 GREEN LANE lies on this distribution: More than 99% of detached houses are smaller than 4 GREEN LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

4 GREEN LANE: Plot and Title Map

4 GREEN LANE sits on a plot of roughly 0.187 of an acre, or 755m². The below map shows the location of 4 GREEN 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 GREEN 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 GREEN LANE?

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