9, JUBILEE CLOSE, SPENNYMOOR, DL16 6GA - £178,000

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

9 JUBILEE CLOSE is a large extended detached house of 122m², built sometime between 2003 and 2006, which could now be worth an estimated £254,595. It was last sold for £178,000 in April 2017, which was around 9% above the average April 2017 detached price in the County Durham local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

9 JUBILEE CLOSE Sold Prices

Land registry data shows two sales for 9 JUBILEE 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 County Durham local authority area for the corresponding sale date. Both of the two 9 JUBILEE CLOSE 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
2017 10 APR	£178,000	£164,007	9% above HPI
2003 24 OCT	£167,200	£125,731	33% above HPI

9 JUBILEE CLOSE 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 9 JUBILEE CLOSE sales from October 2003 and April 2017 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 October 2003 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the April 2017 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 9 JUBILEE CLOSE be worth now?

9 JUBILEE CLOSE might now be worth an estimated £254,595.

This is based on house price inflation of 43%, between April 2017 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 43% inflationary increase is applied to the most recent sale price for 9 JUBILEE CLOSE of £178,000 on 10th April 2017. For the value to have increased from £178,000 to £254,595 over the six years and four months to December 2024, the following assumptions must hold true:

• The value of 9 JUBILEE CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2017 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 9 JUBILEE CLOSE has not materially changed since April 2017.

How Large is 9 JUBILEE CLOSE?

9 JUBILEE CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 30% 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 9 JUBILEE CLOSE lies on this distribution: 69% of detached houses houses are smaller than 9 JUBILEE CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

9 JUBILEE CLOSE: Plot and Title Map

9 JUBILEE CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 9 JUBILEE 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 9 JUBILEE 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 9 JUBILEE CLOSE?

9 JUBILEE CLOSE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 9 on JUBILEE CLOSE.