Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 SPIRE HOLLIN is a large detached house of 135m², built sometime between 1967 and 1975. It was last sold for £185,000 in July 2016, which was around 13% above the average July 2016 detached price in the County Durham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 5 SPIRE HOLLIN since 1st 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 SPIRE HOLLIN 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 |
---|---|---|---|
2016 20 JUL | £185,000 | £163,495 | 13% above HPI |
2001 18 JUL | £83,000 | £82,054 | 1% above HPI |
1998 29 MAY | £80,000 | £71,194 | 12% above HPI |
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 SPIRE HOLLIN sales between May 1998 and July 2016 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 July 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2016 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.
5 SPIRE HOLLIN is 135m² according to the EPC inspection conducted in March 2014. This puts it in the largest 20% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 5 SPIRE HOLLIN lies on this distribution: 80% of detached houses are smaller than 5 SPIRE HOLLIN, and 20% of houses are larger. Note that EPC data is not available for all properties in Peterlee.
5 SPIRE HOLLIN sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 5 SPIRE HOLLIN, 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 SPIRE HOLLIN). 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.
5 SPIRE HOLLIN is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 5 on SPIRE HOLLIN.