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
7 GERVAULX COURT is a very large extended detached house of 153m², built sometime between 1983 and 1990. It was last sold for £144,000 in April 2019, which was around 14% below the average April 2019 detached price in the County Durham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 GERVAULX COURT since 1st 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 7 GERVAULX COURT 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 |
---|---|---|---|
2019 26 APR | £144,000 | £166,865 | 14% below HPI |
2012 20 MAR | £128,000 | £156,774 | 18% below HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 7 GERVAULX COURT sales from March 2012 and April 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 March 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
7 GERVAULX COURT is 153m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 20% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 7 GERVAULX COURT lies on this distribution: 90% of detached houses are smaller than 7 GERVAULX COURT, and 10% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.
7 GERVAULX COURT sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 7 GERVAULX COURT, 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 7 GERVAULX COURT). 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.
7 GERVAULX COURT is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 7 on GERVAULX COURT.