41, CRAGSIDE CLOSE, SPENNYMOOR, DL16 7SD - £175,000

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

41 CRAGSIDE CLOSE is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £175,000 in August 2008, which was around 8% below the average August 2008 detached price in the County Durham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

41 CRAGSIDE CLOSE Sold Prices

Land registry data shows four sales for 41 CRAGSIDE 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 41 CRAGSIDE 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
2008 1 AUG	£175,000	£190,444	8% below HPI
2005 29 SEP	£187,500	£173,801	8% above HPI
2002 26 JUL	£98,000	£93,481	5% above HPI
1998 14 DEC	£76,500	£72,843	5% above HPI

41 CRAGSIDE 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 41 CRAGSIDE CLOSE sales between December 1998 and August 2008 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 2005 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2008 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 41 CRAGSIDE CLOSE?

41 CRAGSIDE CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in February 2014. 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 41 CRAGSIDE CLOSE lies on this distribution: 32% of detached houses are smaller than 41 CRAGSIDE CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

41 CRAGSIDE CLOSE: Plot and Title Map

41 CRAGSIDE CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 41 CRAGSIDE 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 41 CRAGSIDE 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 41 CRAGSIDE CLOSE?

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