41, LAVENDER CRESCENT, SPENNYMOOR, DL16 7BZ - £230,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

41 LAVENDER CRESCENT is a very large detached house of 135m², built sometime between 2007 and 2011. It was last sold for £230,000 in July 2022, which was around 11% above the average July 2022 detached price in the County Durham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

41 LAVENDER CRESCENT Sold Prices

Land registry data shows two sales for 41 LAVENDER CRESCENT 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 41 LAVENDER CRESCENT 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
2022 1 JUL	£230,000	£207,048	11% above HPI
2010 17 DEC	£219,995	£170,147	29% above HPI

41 LAVENDER CRESCENT 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 41 LAVENDER CRESCENT sales from December 2010 and July 2022 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 December 2010 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 41 LAVENDER CRESCENT?

41 LAVENDER CRESCENT is 135m² according to the EPC inspection conducted in March 2022. This puts it in the largest 20% 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 LAVENDER CRESCENT lies on this distribution: 83% of detached houses are smaller than 41 LAVENDER CRESCENT, and 17% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

41 LAVENDER CRESCENT: Plot and Title Map

41 LAVENDER CRESCENT sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 41 LAVENDER CRESCENT, 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 LAVENDER CRESCENT). 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 LAVENDER CRESCENT?

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