56, WATSON PARK, SPENNYMOOR, DL16 6NB - £210,000

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

56 WATSON PARK is a large extended detached house of 124m², built sometime from 2012 onwards. It was last sold for £210,000 in July 2019, which was around 24% above the average July 2019 detached price in the County Durham local authority area. The most recent EPC inspection was February 2024, where the current energy rating was B, and the potential energy rating was B.

56 WATSON PARK Sold Prices

Land registry data shows two sales for 56 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. Both of the two 56 WATSON PARK 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
2019 5 JUL	£210,000	£168,728	24% above HPI
2014 27 JUN	£194,950	£158,143	23% above HPI

56 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 56 WATSON PARK sales from June 2014 and July 2019 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 June 2014 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2019 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 56 WATSON PARK?

56 WATSON PARK is 124m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 30% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 56 WATSON PARK lies on this distribution: 71% of detached houses are smaller than 56 WATSON PARK, and 26% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

56 WATSON PARK: Plot and Title Map

56 WATSON PARK sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 56 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 56 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 56 WATSON PARK?

56 WATSON PARK is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 56 on WATSON PARK.