7, SLEDMORE DRIVE, SPENNYMOOR, DL16 7GP - £161,000

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

7 SLEDMORE DRIVE is a very small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £161,000 in August 2021, which was around 18% below the average August 2021 detached price in the County Durham local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

7 SLEDMORE DRIVE Sold Prices

Land registry data shows two sales for 7 SLEDMORE 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. Both of the two 7 SLEDMORE DRIVE 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
2021 26 AUG	£161,000	£196,735	18% below HPI
2007 16 NOV	£185,000	£193,646	4% below HPI

7 SLEDMORE 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 SLEDMORE DRIVE sales from November 2007 and August 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 November 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 SLEDMORE DRIVE?

7 SLEDMORE DRIVE is 81m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 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 SLEDMORE DRIVE lies on this distribution: 11% of detached houses are smaller than 7 SLEDMORE DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

7 SLEDMORE DRIVE: Plot and Title Map

7 SLEDMORE DRIVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 7 SLEDMORE 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 SLEDMORE 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 SLEDMORE DRIVE?

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