8, PAGE GROVE, SPENNYMOOR, DL16 7LL - £350,000

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

8 PAGE GROVE is a very small extended detached house of 81m², built sometime between 1976 and 1982, which could now be worth an estimated £392,248. It was last sold for £350,000 in June 2023, which was around 67% above the average June 2023 detached price in the County Durham local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

8 PAGE GROVE Sold Prices

Land registry data shows three sales for 8 PAGE GROVE 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 8 PAGE GROVE sales were 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
2023 20 JUN	£350,000	£209,315	67% above HPI
2017 22 MAY	£170,000	£165,022	3% above HPI
2015 16 SEP	£170,250	£166,697	2% above HPI

8 PAGE GROVE 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 8 PAGE GROVE sales between September 2015 and June 2023 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 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2023 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 8 PAGE GROVE be worth now?

8 PAGE GROVE might now be worth an estimated £392,248.

This is based on house price inflation of 12.1%, between June 2023 and December 2024, for 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 12.1% inflationary increase is applied to the most recent sale price for 8 PAGE GROVE of £350,000 on 20th June 2023. For the value to have increased from £350,000 to £392,248 over the six months to December 2024, the following assumptions must hold true:

• The value of 8 PAGE GROVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PAGE GROVE has not materially changed since June 2023.

How Large is 8 PAGE GROVE?

8 PAGE GROVE is 81m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 20% of detached houses houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Spennymoor, and where 8 PAGE GROVE lies on this distribution: 11% of detached houses houses are smaller than 8 PAGE GROVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

8 PAGE GROVE: Plot and Title Map

8 PAGE GROVE sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of 8 PAGE GROVE, 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 PAGE GROVE). 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 PAGE GROVE?

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