7, MULBERRY DRIVE, SPENNYMOOR, DL16 7BY - £175,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 MULBERRY DRIVE is a large detached house of 127m², which could now be worth an estimated £216,637. It was last sold for £175,000 in April 2021, which was around 8% below the average April 2021 detached price in the County Durham local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was B.

7 MULBERRY DRIVE Sold Prices

Land registry data shows two sales for 7 MULBERRY DRIVE 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 7 MULBERRY DRIVE sales was for below the average price, whilst the other was 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
2021 30 APR	£175,000	£190,774	8% below HPI
2011 1 APR	£179,995	£166,563	8% above HPI

7 MULBERRY DRIVE 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 7 MULBERRY DRIVE sales from April 2011 and April 2021 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 April 2011 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the April 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 7 MULBERRY DRIVE be worth now?

7 MULBERRY DRIVE might now be worth an estimated £216,637.

This is based on house price inflation of 23.8%, between April 2021 and February 2025, for 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 23.8% inflationary increase is applied to the most recent sale price for 7 MULBERRY DRIVE of £175,000 on 30th April 2021. For the value to have increased from £175,000 to £216,637 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 7 MULBERRY DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MULBERRY DRIVE has not materially changed since April 2021.

How Large is 7 MULBERRY DRIVE?

7 MULBERRY DRIVE is 127m² according to the EPC inspection conducted in January 2010. This puts it in the largest 30% of detached houses houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spennymoor, and where 7 MULBERRY DRIVE lies on this distribution: 78% of detached houses houses are smaller than 7 MULBERRY DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

7 MULBERRY DRIVE: Plot and Title Map

7 MULBERRY DRIVE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 7 MULBERRY 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 7 MULBERRY 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 7 MULBERRY DRIVE?

7 MULBERRY DRIVE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 7 on MULBERRY DRIVE.