THE BUNGALOW, ROCK ROAD, SPENNYMOOR, DL16 7DD - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE BUNGALOW is a very large detached house of 188m², built sometime between 1983 and 1990, which could now be worth an estimated £305,086. It was last sold for £280,000 in July 2024, which was around 29% above the average July 2024 detached price in the County Durham local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was C.

THE BUNGALOW Sold Prices

Land registry data shows three sales for THE BUNGALOW 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 THE BUNGALOW 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
2024 26 JUL	£280,000	£216,745	29% above HPI
2022 21 FEB	£250,000	£202,428	24% above HPI
2019 4 JUN	£180,000	£175,794	2% above HPI

THE BUNGALOW 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 THE BUNGALOW sales between June 2019 and July 2024 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 February 2022 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2024 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might THE BUNGALOW be worth now?

THE BUNGALOW might now be worth an estimated £305,086.

This is based on house price inflation of 9%, between July 2024 and February 2025, 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 9% inflationary increase is applied to the most recent sale price for THE BUNGALOW of £280,000 on 26th July 2024. For the value to have increased from £280,000 to £305,086 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of THE BUNGALOW has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2024 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of THE BUNGALOW has not materially changed since July 2024.

How Large is THE BUNGALOW?

THE BUNGALOW is 188m² according to the EPC inspection conducted in October 2017. 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 THE BUNGALOW lies on this distribution: 96% of detached houses houses are smaller than THE BUNGALOW, and 4% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on ROCK ROAD in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of THE BUNGALOW on ROCK ROAD.