5, CASTLE CLOSE, SPENNYMOOR, DL16 6TR - £140,000

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

5 CASTLE CLOSE is a very small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £140,000 in June 2017, which was around 16% below the average June 2017 detached price in the County Durham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

5 CASTLE CLOSE Sold Prices

Land registry data shows three sales for 5 CASTLE 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. All of the three 5 CASTLE CLOSE 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
2017 30 JUN	£140,000	£166,031	16% below HPI
2014 28 MAR	£125,000	£147,362	15% below HPI
2000 11 AUG	£74,950	£82,814	9% below HPI

5 CASTLE 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 5 CASTLE CLOSE sales between August 2000 and June 2017 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 March 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 CASTLE CLOSE?

5 CASTLE CLOSE is 86m² according to the EPC inspection conducted in January 2014. 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 5 CASTLE CLOSE lies on this distribution: 15% of detached houses are smaller than 5 CASTLE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

5 CASTLE CLOSE: Plot and Title Map

5 CASTLE CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 5 CASTLE 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 5 CASTLE 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 5 CASTLE CLOSE?

5 CASTLE CLOSE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 5 on CASTLE CLOSE.