43, BECKWITH CLOSE, KIRK MERRINGTON, SPENNYMOOR, DL16 7HE - £170,000

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.

43 BECKWITH CLOSE is a small detached house of 97m², which could now be worth an estimated £227,359. It was last sold for £170,000 in September 2020, which was around 4% below the average September 2020 detached price in the County Durham local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

43 BECKWITH CLOSE Sold Prices

Land registry data shows three sales for 43 BECKWITH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Two of the three 43 BECKWITH CLOSE sales were for below the average price, whilst one was 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
2020 11 SEP	£170,000	£176,584	4% below HPI
2014 22 AUG	£156,500	£164,966	5% below HPI
2008 19 DEC	£210,000	£177,046	19% above HPI

43 BECKWITH 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 three 43 BECKWITH CLOSE sales between December 2008 and September 2020 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 August 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 43 BECKWITH CLOSE be worth now?

43 BECKWITH CLOSE might now be worth an estimated £227,359.

This is based on house price inflation of 33.7%, between September 2020 and February 2025, for 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 33.7% inflationary increase is applied to the most recent sale price for 43 BECKWITH CLOSE of £170,000 on 11th September 2020. For the value to have increased from £170,000 to £227,359 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 43 BECKWITH CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2020 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 43 BECKWITH CLOSE has not materially changed since September 2020.

How Large is 43 BECKWITH CLOSE?

43 BECKWITH CLOSE is 97m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of detached houses houses in Kirk Merrington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirk Merrington, and where 43 BECKWITH CLOSE lies on this distribution: 28% of detached houses houses are smaller than 43 BECKWITH CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Kirk Merrington.

43 BECKWITH CLOSE: Plot and Title Map

43 BECKWITH CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 43 BECKWITH 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 43 BECKWITH 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 43 BECKWITH CLOSE?

43 BECKWITH CLOSE is located in KIRK MERRINGTON, in the DL16 postcode district. The below map shows the position of No. 43 on BECKWITH CLOSE.