59, STUDLEY DRIVE, SPENNYMOOR, DL16 7GB - £158,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

59 STUDLEY DRIVE is a very small semi-detached house of 74m², built sometime from 2007 onwards, which could now be worth an estimated £179,737. It was last sold for £158,000 in April 2023, which was around 32% above the average April 2023 semi-detached price in the County Durham local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

59 STUDLEY DRIVE Sold Prices

Land registry data shows three sales for 59 STUDLEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the three 59 STUDLEY DRIVE 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
2023 5 APR	£158,000	£119,693	32% above HPI
2021 13 SEP	£135,000	£118,913	14% above HPI
2007 7 SEP	£150,525	£115,680	30% above HPI

59 STUDLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The three 59 STUDLEY DRIVE sales between September 2007 and April 2023 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 2021 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2023 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 59 STUDLEY DRIVE be worth now?

59 STUDLEY DRIVE might now be worth an estimated £179,737.

This is based on house price inflation of 13.8%, between April 2023 and February 2025, for semi-detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.8% inflationary increase is applied to the most recent sale price for 59 STUDLEY DRIVE of £158,000 on 5th April 2023. For the value to have increased from £158,000 to £179,737 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 59 STUDLEY DRIVE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The April 2023 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 59 STUDLEY DRIVE has not materially changed since April 2023.

How Large is 59 STUDLEY DRIVE?

59 STUDLEY DRIVE is 74m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of semi-detached houses houses in Spennymoor, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Spennymoor, and where 59 STUDLEY DRIVE lies on this distribution: 5% of semi-detached houses houses are smaller than 59 STUDLEY DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

59 STUDLEY DRIVE: Plot and Title Map

59 STUDLEY DRIVE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 59 STUDLEY DRIVE, 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 59 STUDLEY DRIVE). 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 59 STUDLEY DRIVE?

59 STUDLEY DRIVE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 59 on STUDLEY DRIVE.