5, WESTERTON CLOSE, BINCHESTER MOOR, SPENNYMOOR, DL16 7BJ - £135,000

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 WESTERTON CLOSE is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £135,000 in October 2013, which was around 15% below the average October 2013 detached price in the County Durham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

5 WESTERTON CLOSE Sold Prices

Land registry data shows two sales for 5 WESTERTON CLOSE 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 WESTERTON 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
2013 18 OCT	£135,000	£158,490	15% below HPI
1996 27 SEP	£64,300	£67,927	5% below HPI

5 WESTERTON 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 two 5 WESTERTON CLOSE sales from September 1996 and October 2013 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 September 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2013 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 WESTERTON CLOSE?

5 WESTERTON CLOSE is 62m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 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 WESTERTON CLOSE lies on this distribution: 1% of detached houses are smaller than 5 WESTERTON CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

5 WESTERTON CLOSE: Plot and Title Map

5 WESTERTON CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 5 WESTERTON 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 WESTERTON 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 WESTERTON CLOSE?

5 WESTERTON CLOSE is located in BINCHESTER MOOR, in the DL16 postcode district. The below map shows the position of No. 5 on WESTERTON CLOSE.