42, MAXEY DRIVE, MIDDLESTONE MOOR, SPENNYMOOR, DL16 7GT - £197,000

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

42 MAXEY DRIVE is a midsized detached house of 109m², built in 2021. It was last sold for £197,000 in January 2024, which was around 5% below the average January 2024 detached price in the County Durham local authority area. The most recent EPC inspection was August 2021, where the current energy rating was B, and the potential energy rating was A.

42 MAXEY DRIVE Sold Prices

Land registry data shows two sales for 42 MAXEY DRIVE 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 42 MAXEY DRIVE sales were for below 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
2024 5 JAN	£197,000	£207,493	5% below HPI
2021 24 SEP	£191,995	£198,499	3% below HPI

42 MAXEY DRIVE 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 42 MAXEY DRIVE sales from September 2021 and January 2024 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 2021 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2024 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 42 MAXEY DRIVE?

42 MAXEY DRIVE is 109m² according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 42 MAXEY DRIVE lies on this distribution: 51% of detached houses are smaller than 42 MAXEY DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

42 MAXEY DRIVE: Plot and Title Map

42 MAXEY DRIVE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 42 MAXEY DRIVE, 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 42 MAXEY DRIVE). 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 42 MAXEY DRIVE?

42 MAXEY DRIVE is located in MIDDLESTONE MOOR, in the DL16 postcode district. The below map shows the position of No. 42 on MAXEY DRIVE.