7, WESTERTON CLOSE, BINCHESTER MOOR, SPENNYMOOR, DL16 7BJ - £87,500

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 WESTERTON CLOSE is a very small extended semi-detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £118,766. It was last sold for £87,500 in July 2019, which was around 12% below the average July 2019 semi-detached price in the County Durham local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

7 WESTERTON CLOSE Sold Prices

Land registry data shows two sales for 7 WESTERTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. One of the two 7 WESTERTON CLOSE 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
2019 26 JUL	£87,500	£99,790	12% below HPI
1997 17 DEC	£59,950	£39,522	52% above HPI

7 WESTERTON 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 two 7 WESTERTON CLOSE sales from December 1997 and July 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 December 1997 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the July 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 7 WESTERTON CLOSE be worth now?

7 WESTERTON CLOSE might now be worth an estimated £118,766.

This is based on house price inflation of 35.7%, between July 2019 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 35.7% inflationary increase is applied to the most recent sale price for 7 WESTERTON CLOSE of £87,500 on 26th July 2019. For the value to have increased from £87,500 to £118,766 over the four years and seven months to December 2024, the following assumptions must hold true:

• The value of 7 WESTERTON CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The July 2019 sale price of £87,500 represented a fair market value for the property.
• The size, condition, and specification of 7 WESTERTON CLOSE has not materially changed since July 2019.

How Large is 7 WESTERTON CLOSE?

7 WESTERTON CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% 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 WESTERTON CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 7 WESTERTON CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

7 WESTERTON CLOSE: Plot and Title Map

7 WESTERTON CLOSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 7 WESTERTON 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 WESTERTON 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 WESTERTON CLOSE?

7 WESTERTON CLOSE is located in BINCHESTER MOOR, in the DL16 postcode district. The below map shows the position of No. 7 on WESTERTON CLOSE.