DELMERE, BINCHESTER MOOR, SPENNYMOOR, DL16 7BB - £190,000

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

DELMERE is a very small extended detached house of 83m², built sometime between 1900 and 1929. It was last sold for £190,000 in April 2015, which was around 18% above the average April 2015 detached price in the County Durham local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was D.

DELMERE Sold Prices

Land registry data shows three sales for DELMERE 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 DELMERE 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
2015 17 APR	£190,000	£161,200	18% above HPI
2003 2 MAY	£130,000	£113,699	14% above HPI
2001 28 JUN	£85,000	£83,320	2% above HPI

DELMERE 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 DELMERE sales between June 2001 and April 2015 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 2003 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2015 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might DELMERE be worth now?

DELMERE might now be worth an estimated £276,491.

This is based on house price inflation of 45.5%, between April 2015 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 45.5% inflationary increase is applied to the most recent sale price for DELMERE of £190,000 on 17th April 2015. For the value to have increased from £190,000 to £276,491 over the eight years and four months to December 2024, the following assumptions must hold true:

• The value of DELMERE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2015 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of DELMERE has not materially changed since April 2015.

How Large is DELMERE?

DELMERE is 83m², which includes two extensions, according to the EPC inspection conducted in June 2009. 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 DELMERE lies on this distribution: 13% of detached houses houses are smaller than DELMERE, and 87% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

DELMERE: Plot and Title Map

DELMERE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of DELMERE, 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 DELMERE). 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 DELMERE?

DELMERE is located in BINCHESTER MOOR, in the DL16 postcode district. The below map shows the position of DELMERE in BINCHESTER MOOR.