57, WATSON PARK, SPENNYMOOR, DL16 6NB - £225,000

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

57 WATSON PARK is a midsized detached house of 104m². It was last sold for £225,000 in June 2022, which was around 11% above the average June 2022 detached price in the County Durham local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was C.

57 WATSON PARK Sold Prices

Land registry data shows two sales for 57 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 57 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
2022 24 JUN	£225,000	£203,387	11% above HPI
2014 28 MAR	£159,995	£147,362	9% above HPI

57 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 57 WATSON PARK sales from March 2014 and June 2022 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 2014 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 57 WATSON PARK?

57 WATSON PARK is 104m² according to the EPC inspection conducted in July 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 57 WATSON PARK lies on this distribution: 43% of detached houses are smaller than 57 WATSON PARK, and 56% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

57 WATSON PARK: Plot and Title Map

57 WATSON PARK sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 57 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 57 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 57 WATSON PARK?

57 WATSON PARK is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 57 on WATSON PARK.