41, ABBEY GREEN, SPENNYMOOR, DL16 6PD - £139,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

41 ABBEY GREEN is a very small semi-detached house of 79m², which could now be worth an estimated £170,500. It was last sold for £139,950 in May 2021, which was around 25% above the average May 2021 semi-detached price in the County Durham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was B, and the potential energy rating was A.

41 ABBEY GREEN Sold Prices

Land registry data shows four sales for 41 ABBEY GREEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the four 41 ABBEY GREEN 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 28 MAY	£139,950	£111,763	25% above HPI
2018 17 OCT	£131,000	£101,627	29% above HPI
2018 27 JUL	£137,500	£100,414	37% above HPI
2015 20 MAR	£137,995	£91,151	51% above HPI

41 ABBEY GREEN Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The four 41 ABBEY GREEN sales between March 2015 and May 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 October 2018 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the May 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 41 ABBEY GREEN be worth now?

41 ABBEY GREEN might now be worth an estimated £170,500.

This is based on house price inflation of 21.8%, between May 2021 and February 2025, for semi-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 21.8% inflationary increase is applied to the most recent sale price for 41 ABBEY GREEN of £139,950 on 28th May 2021. For the value to have increased from £139,950 to £170,500 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 41 ABBEY GREEN has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The May 2021 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of 41 ABBEY GREEN has not materially changed since May 2021.

How Large is 41 ABBEY GREEN?

41 ABBEY GREEN is 79m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of semi-detached houses houses in Spennymoor, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Spennymoor, and where 41 ABBEY GREEN lies on this distribution: 9% of semi-detached houses houses are smaller than 41 ABBEY GREEN, and 90% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

41 ABBEY GREEN: Plot and Title Map

41 ABBEY GREEN sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 41 ABBEY GREEN, 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 41 ABBEY GREEN). 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 41 ABBEY GREEN?

41 ABBEY GREEN is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 41 on ABBEY GREEN.