7, RIPLEY CLOSE, SPENNYMOOR, DL16 7FJ - £148,500

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 RIPLEY CLOSE is a midsized semi-detached house of 104m², which could now be worth an estimated £169,149. It was last sold for £148,500 in September 2021, which was around 25% above the average September 2021 semi-detached price in the County Durham local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was A.

7 RIPLEY CLOSE Sold Prices

Land registry data shows three sales for 7 RIPLEY CLOSE 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 7 RIPLEY CLOSE 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
2021 10 SEP	£148,500	£118,913	25% above HPI
2021 25 JUN	£152,750	£115,766	32% above HPI
2019 11 OCT	£174,995	£101,401	73% above HPI

7 RIPLEY CLOSE 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 7 RIPLEY CLOSE sales between October 2019 and September 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 June 2021 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the September 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 7 RIPLEY CLOSE be worth now?

7 RIPLEY CLOSE might now be worth an estimated £169,149.

This is based on house price inflation of 13.9%, between September 2021 and December 2024, 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 13.9% inflationary increase is applied to the most recent sale price for 7 RIPLEY CLOSE of £148,500 on 10th September 2021. For the value to have increased from £148,500 to £169,149 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 7 RIPLEY CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The September 2021 sale price of £148,500 represented a fair market value for the property.
• The size, condition, and specification of 7 RIPLEY CLOSE has not materially changed since September 2021.

How Large is 7 RIPLEY CLOSE?

7 RIPLEY CLOSE is 104m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% 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 7 RIPLEY CLOSE lies on this distribution: 44% of semi-detached houses houses are smaller than 7 RIPLEY CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

7 RIPLEY CLOSE: Plot and Title Map

7 RIPLEY CLOSE sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 7 RIPLEY CLOSE, 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 RIPLEY CLOSE). 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 RIPLEY CLOSE?

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