4, LILAC CLOSE, SPENNYMOOR, DL16 7YB - £150,000

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 LILAC CLOSE is a small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £150,000 in August 2014, which was around 7% below the average August 2014 detached price in the County Durham local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

4 LILAC CLOSE Sold Prices

Land registry data shows four sales for 4 LILAC CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Most of the four 4 LILAC CLOSE 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
2014 26 AUG	£150,000	£160,481	7% below HPI
2006 8 SEP	£196,500	£181,658	8% above HPI
2002 11 FEB	£125,000	£85,367	46% above HPI
1997 3 OCT	£82,995	£70,874	17% above HPI

4 LILAC CLOSE 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 four 4 LILAC CLOSE sales between October 1997 and August 2014 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 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2014 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 4 LILAC CLOSE?

4 LILAC CLOSE is 98m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 40% 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 LILAC CLOSE lies on this distribution: 32% of detached houses are smaller than 4 LILAC CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

4 LILAC CLOSE: Plot and Title Map

4 LILAC CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 4 LILAC CLOSE, 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 LILAC CLOSE). 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 LILAC CLOSE?

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