9, WESTERTON CLOSE, BINCHESTER MOOR, SPENNYMOOR, DL16 7BJ - £203,000

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 WESTERTON CLOSE is a large extended detached house of 128m², built sometime between 1996 and 2002. It was last sold for £203,000 in March 2016, which was around 23% above the average March 2016 detached price in the County Durham local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

9 WESTERTON CLOSE Sold Prices

Land registry data shows three sales for 9 WESTERTON CLOSE 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 9 WESTERTON 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
2016 4 MAR	£203,000	£165,143	23% above HPI
2007 26 APR	£205,000	£186,610	10% above HPI
1998 24 APR	£105,750	£72,466	46% above HPI

9 WESTERTON 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 three 9 WESTERTON CLOSE sales between April 1998 and March 2016 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 April 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2016 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 9 WESTERTON CLOSE be worth now?

9 WESTERTON CLOSE might now be worth an estimated £288,356.

This is based on house price inflation of 42%, between March 2016 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 42% inflationary increase is applied to the most recent sale price for 9 WESTERTON CLOSE of £203,000 on 4th March 2016. For the value to have increased from £203,000 to £288,356 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 9 WESTERTON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2016 sale price of £203,000 represented a fair market value for the property.
• The size, condition, and specification of 9 WESTERTON CLOSE has not materially changed since March 2016.

How Large is 9 WESTERTON CLOSE?

9 WESTERTON CLOSE is 128m², which includes two extensions, according to the EPC inspection conducted in September 2024. 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 WESTERTON CLOSE lies on this distribution: 79% of detached houses houses are smaller than 9 WESTERTON CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

9 WESTERTON CLOSE: Plot and Title Map

9 WESTERTON CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 9 WESTERTON 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 WESTERTON 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 WESTERTON CLOSE?

9 WESTERTON CLOSE is located in BINCHESTER MOOR, in the DL16 postcode district. The below map shows the position of No. 9 on WESTERTON CLOSE.