7, SPRUCE COURT, SPENNYMOOR, DL16 7XZ - £160,000

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 SPRUCE COURT is a very small detached house of 84m², built sometime between 2003 and 2006. It was last sold for £160,000 in February 2024, which was around 24% below the average February 2024 detached price in the County Durham local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

7 SPRUCE COURT Sold Prices

Land registry data shows three sales for 7 SPRUCE COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 7 SPRUCE 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
2024 2 FEB	£160,000	£209,217	24% below HPI
2010 19 MAR	£138,000	£169,783	19% below HPI
1997 23 DEC	£59,000	£70,756	17% below HPI

7 SPRUCE COURT 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 three 7 SPRUCE COURT sales between December 1997 and February 2024 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 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2024 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 7 SPRUCE COURT?

7 SPRUCE COURT is 84m² according to the EPC inspection conducted in November 2023. 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 SPRUCE COURT lies on this distribution: 13% of detached houses are smaller than 7 SPRUCE COURT, and 86% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

7 SPRUCE COURT: Plot and Title Map

7 SPRUCE COURT sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 7 SPRUCE 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 SPRUCE 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.

Where is 7 SPRUCE COURT?

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