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
91 WATSON PARK is a small detached house of 91m², built sometime from 2012 onwards. It was last sold for £190,000 in July 2023, which was around 7% below the average July 2023 detached price in the County Durham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 91 WATSON PARK since 1st 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 91 WATSON PARK 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 |
---|---|---|---|
2023 27 JUL | £190,000 | £205,116 | 7% below HPI |
2015 12 JUN | £145,000 | £162,266 | 11% below HPI |
2012 7 DEC | £159,950 | £161,624 | 1% below HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 91 WATSON PARK sales between December 2012 and July 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 June 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
91 WATSON PARK is 91m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 30% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 91 WATSON PARK lies on this distribution: 24% of detached houses are smaller than 91 WATSON PARK, and 75% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.
91 WATSON PARK sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 91 WATSON PARK, 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 91 WATSON PARK). 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.
91 WATSON PARK is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 91 on WATSON PARK.