77, MAYFIELDS, SPENNYMOOR, DL16 6RP - £145,000

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

77 MAYFIELDS is a large extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £145,000 in March 2021, which was around 22% below the average March 2021 detached price in the County Durham local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

77 MAYFIELDS Sold Prices

Land registry data shows three sales for 77 MAYFIELDS 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 77 MAYFIELDS 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 31 MAR	£145,000	£186,145	22% below HPI
2008 9 MAY	£138,500	£189,347	27% below HPI
1997 19 DEC	£54,000	£70,756	24% below HPI

77 MAYFIELDS 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 77 MAYFIELDS sales between December 1997 and March 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 May 2008 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 77 MAYFIELDS?

77 MAYFIELDS is 115m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 40% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 77 MAYFIELDS lies on this distribution: 63% of detached houses are smaller than 77 MAYFIELDS, and 36% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

77 MAYFIELDS: Plot and Title Map

77 MAYFIELDS sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 77 MAYFIELDS, 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 77 MAYFIELDS). 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 77 MAYFIELDS?

77 MAYFIELDS is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 77 on MAYFIELDS.