43, CHESTNUT AVENUE, SPENNYMOOR, DL16 7SW - £74,950

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.

43 CHESTNUT AVENUE is a very small semi-detached house of 61m², built sometime between 1930 and 1949, which could now be worth an estimated £81,651. It was last sold for £74,950 in October 2023, which was around 40% below the average October 2023 semi-detached price in the County Durham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

43 CHESTNUT AVENUE Sold Prices

Land registry data shows three sales for 43 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the three 43 CHESTNUT AVENUE 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
2023 2 OCT	£74,950	£124,985	40% below HPI
2005 21 JAN	£65,000	£93,498	30% below HPI
2004 30 APR	£49,500	£75,864	35% below HPI

43 CHESTNUT AVENUE 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 three 43 CHESTNUT AVENUE sales between April 2004 and October 2023 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 January 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 43 CHESTNUT AVENUE be worth now?

43 CHESTNUT AVENUE might now be worth an estimated £81,651.

This is based on house price inflation of 8.9%, between October 2023 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 8.9% inflationary increase is applied to the most recent sale price for 43 CHESTNUT AVENUE of £74,950 on 2nd October 2023. For the value to have increased from £74,950 to £81,651 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 43 CHESTNUT AVENUE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The October 2023 sale price of £74,950 represented a fair market value for the property.
• The size, condition, and specification of 43 CHESTNUT AVENUE has not materially changed since October 2023.

How Large is 43 CHESTNUT AVENUE?

43 CHESTNUT AVENUE is 61m² according to the EPC inspection conducted in September 2014. 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 43 CHESTNUT AVENUE lies on this distribution: 1% of semi-detached houses houses are smaller than 43 CHESTNUT AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

43 CHESTNUT AVENUE: Plot and Title Map

43 CHESTNUT AVENUE sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 43 CHESTNUT AVENUE, 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 CHESTNUT AVENUE). 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 CHESTNUT AVENUE?

43 CHESTNUT AVENUE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 43 on CHESTNUT AVENUE.