5, EVE LANE, SPENNYMOOR, DL16 6NN - £440,000

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 EVE LANE is a very large detached house of 244m². It was last sold for £440,000 in February 2021, which was around 138% above the average February 2021 detached price in the County Durham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was B.

5 EVE LANE Sold Prices

Land registry data shows two sales for 5 EVE LANE 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 5 EVE LANE sales were 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
2021 24 FEB	£440,000	£184,914	138% above HPI
2016 11 NOV	£410,000	£163,106	151% above HPI

5 EVE LANE 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 5 EVE LANE sales from November 2016 and February 2021 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 November 2016 sale was for 151% above the HPI. So the extrapolation line tracks at 151% above the HPI over time, until the February 2021 sale, where it falls to 138% above the HPI. The line then continues to track at 138% above the HPI.

How Large is 5 EVE LANE?

5 EVE LANE is 244m² according to the EPC inspection conducted in October 2016. This puts it in the largest 10% 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 EVE LANE lies on this distribution: 99% of detached houses are smaller than 5 EVE LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

5 EVE LANE: Plot and Title Map

5 EVE LANE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 5 EVE LANE, 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 EVE LANE). 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 EVE LANE?

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