8, SPELL CLOSE, YARM, TS15 9SD - £212,500

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 SPELL CLOSE is a large extended detached house of 132m², built sometime between 1976 and 1982. It was last sold for £212,500 in March 2014, which was around 10% above the average March 2014 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

8 SPELL CLOSE Sold Prices

Land registry data shows two sales for 8 SPELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stockton-on-Tees local authority area for the corresponding sale date. One of the two 8 SPELL CLOSE sales was for above the average price, whilst the other was 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
2014 28 MAR	£212,500	£193,775	10% above HPI
1999 14 DEC	£71,500	£79,953	11% below HPI

8 SPELL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stockton-on-Tees local authority area over time, sourced from the HPI. The two 8 SPELL CLOSE sales from December 1999 and March 2014 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 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2014 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 8 SPELL CLOSE?

8 SPELL CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 40% of detached houses in Yarm, based on EPC data. The below chart shows the distribution of detached houses by size in Yarm, and where 8 SPELL CLOSE lies on this distribution: 61% of detached houses are smaller than 8 SPELL CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Yarm.

8 SPELL CLOSE: Plot and Title Map

8 SPELL CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 8 SPELL 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 8 SPELL 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 8 SPELL CLOSE?

8 SPELL CLOSE is located in YARM, in the TS15 postcode district. The below map shows the position of No. 8 on SPELL CLOSE.