4, GREENHILLS, BYERS GREEN, SPENNYMOOR, DL16 7QJ - £127,000

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 GREENHILLS is a small extended detached house of 96m², built sometime between 1991 and 1995. It was last sold for £127,000 in July 2019, which was around 25% below the average July 2019 detached price in the County Durham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

4 GREENHILLS Sold Prices

Land registry data shows three sales for 4 GREENHILLS 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. One of the three 4 GREENHILLS sales was for below the average price, whilst two 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
2019 11 JUL	£127,000	£168,728	25% below HPI
2003 30 OCT	£130,000	£122,313	6% above HPI
1998 10 JUL	£74,950	£72,344	4% above HPI

4 GREENHILLS 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 4 GREENHILLS sales between July 1998 and July 2019 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 October 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 4 GREENHILLS?

4 GREENHILLS is 96m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% of detached houses in Byers Green, based on EPC data. The below chart shows the distribution of detached houses by size in Byers Green, and where 4 GREENHILLS lies on this distribution: 36% of detached houses are smaller than 4 GREENHILLS, and 64% of houses are larger. Note that EPC data is not available for all properties in Byers Green.

4 GREENHILLS: Plot and Title Map

4 GREENHILLS sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 4 GREENHILLS, 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 GREENHILLS). 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 GREENHILLS?

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