5, WATSON PARK, SPENNYMOOR, DL16 6NB - £149,000

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 WATSON PARK is a large detached house of 115m². It was last sold for £149,000 in May 2018, which was around 10% below the average May 2018 detached price in the County Durham local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was C.

5 WATSON PARK Sold Prices

Land registry data shows two sales for 5 WATSON PARK 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. One of the two 5 WATSON PARK sales was for below the average price, whilst the other was 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
2018 9 MAY	£149,000	£165,135	10% below HPI
2013 30 MAY	£169,950	£157,080	8% above HPI

5 WATSON 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 5 WATSON PARK sales from May 2013 and May 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 May 2013 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 5 WATSON PARK?

5 WATSON PARK is 115m² according to the EPC inspection conducted in April 2012. This puts it in the largest 40% 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 WATSON PARK lies on this distribution: 63% of detached houses are smaller than 5 WATSON PARK, and 36% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

5 WATSON PARK: Plot and Title Map

5 WATSON PARK sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 5 WATSON 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 5 WATSON 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.

Where is 5 WATSON PARK?

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