47, OVAL PARK, SPENNYMOOR, DL16 6LW - £127,500

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

47 OVAL PARK is a very small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £127,500 in August 2018, which was around 25% below the average August 2018 detached price in the County Durham local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was D.

47 OVAL PARK Sold Prices

Land registry data shows two sales for 47 OVAL PARK since 1st 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 47 OVAL PARK sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2018
28 AUG
£127,500£169,680
down arrow
25% below HPI
2003
27 JUN
£43,000£112,663
down arrow
62% below HPI

47 OVAL PARK 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 47 OVAL PARK sales from June 2003 and August 2018 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 June 2003 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the August 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

47, OVAL PARK, SPENNYMOOR, DL16 6LW: Price paid vs HM Land Registry's House Price Index

How Large is 47 OVAL PARK?

47 OVAL PARK is 86m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 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 47 OVAL PARK lies on this distribution: 15% of detached houses are smaller than 47 OVAL PARK, and 85% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

47, OVAL PARK, SPENNYMOOR, DL16 6LW: Size of property relative to detached houses in Spennymoor

47 OVAL PARK: Plot and Title Map

47 OVAL PARK sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 47 OVAL PARK, 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 47 OVAL PARK). 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.

47, OVAL PARK, SPENNYMOOR, DL16 6LW: Plot and title map

Where is 47 OVAL PARK?

47 OVAL PARK is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 47 on OVAL PARK.

47, OVAL PARK, SPENNYMOOR, DL16 6LW: Location map and indicative extent of plot

All sales of detached houses on OVAL PARK

29, OVAL PARK, SPENNYMOOR, DL16 6LN
2023
8 SEP
£195,000
47, OVAL PARK, SPENNYMOOR, DL16 6LW
2018
28 AUG
£127,500
17, OVAL PARK, SPENNYMOOR, DL16 6LN
2006
21 APR
£119,950
47, OVAL PARK, SPENNYMOOR, DL16 6LW
2003
27 JUN
£43,000
38, OVAL PARK, SPENNYMOOR, DL16 6LN
1999
5 MAR
£59,995
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.