5, YEW CLOSE, SPENNYMOOR, DL16 7XY - £74,500

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 YEW CLOSE is a midsized extended detached house of 104m², built sometime between 1996 and 2002. It was last sold for £74,500 in February 2002, which was around 13% below the average February 2002 detached price in the County Durham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

5 YEW CLOSE Sold Prices

Land registry data shows two sales for 5 YEW 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. One of the two 5 YEW CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2002 15 FEB	£74,500	£85,367	13% below HPI
1998 27 MAR	£71,000	£70,863	Close to HPI

5 YEW 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 YEW CLOSE sales from March 1998 and February 2002 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 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2002 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 5 YEW CLOSE?

5 YEW CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% 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 YEW CLOSE lies on this distribution: 43% of detached houses are smaller than 5 YEW CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

5 YEW CLOSE: Plot and Title Map

5 YEW CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 5 YEW 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 YEW 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 YEW CLOSE?

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