8, CALDERMERE, SPENNYMOOR, DL16 6XT - £130,000

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

8 CALDERMERE is a midsized extended detached house of 114m², built sometime between 1991 and 1995. It was last sold for £130,000 in May 2019, which was around 23% below the average May 2019 detached price in the County Durham local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

8 CALDERMERE Sold Prices

Land registry data shows two sales for 8 CALDERMERE 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 8 CALDERMERE 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
2019 29 MAY	£130,000	£169,577	23% below HPI
2019 26 MAR	£101,250	£161,190	37% below HPI

8 CALDERMERE 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 8 CALDERMERE sales from March 2019 and May 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 March 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 8 CALDERMERE?

8 CALDERMERE is 114m², which includes two extensions, according to the EPC inspection conducted in April 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 8 CALDERMERE lies on this distribution: 59% of detached houses are smaller than 8 CALDERMERE, and 37% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

8 CALDERMERE: Plot and Title Map

8 CALDERMERE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 8 CALDERMERE, 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 8 CALDERMERE). 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 8 CALDERMERE?

8 CALDERMERE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 8 on CALDERMERE.