MILLER HOUSE, WOOD VUE, SPENNYMOOR, DL16 6RZ - £590,000

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

MILLER HOUSE is a very large detached house of 414m², built sometime from 2007 onwards. It was last sold for £590,000 in January 2022, which was around 193% above the average January 2022 detached price in the County Durham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was B.

MILLER HOUSE Sold Prices

Land registry data shows two sales for MILLER HOUSE 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 MILLER HOUSE 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
2022 28 JAN	£590,000	£201,085	193% above HPI
2016 9 DEC	£415,000	£167,724	147% above HPI

MILLER HOUSE 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 MILLER HOUSE sales from December 2016 and January 2022 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 2016 sale was for 147% above the HPI. So the extrapolation line tracks at 147% above the HPI over time, until the January 2022 sale, where it rises to 193% above the HPI. The line then continues to track at 193% above the HPI.

What might MILLER HOUSE be worth now?

MILLER HOUSE might now be worth an estimated £688,280.

This is based on house price inflation of 16.7%, between January 2022 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 16.7% inflationary increase is applied to the most recent sale price for MILLER HOUSE of £590,000 on 28th January 2022. For the value to have increased from £590,000 to £688,280 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of MILLER HOUSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The January 2022 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of MILLER HOUSE has not materially changed since January 2022.

How Large is MILLER HOUSE?

MILLER HOUSE is 414m² according to the EPC inspection conducted in September 2014. This puts it in the largest 10% 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 MILLER HOUSE lies on this distribution: More than 99% of detached houses houses are smaller than MILLER HOUSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

MILLER HOUSE: Plot and Title Map

MILLER HOUSE sits on a plot of roughly 0.457 of an acre, or 1,849m². The below map shows the location of MILLER HOUSE, 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 MILLER HOUSE). 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 MILLER HOUSE?

MILLER HOUSE is located on WOOD VUE in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of MILLER HOUSE on WOOD VUE.