1, WARWICK CLOSE, SPENNYMOOR, DL16 6UU - £147,000

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.

1 WARWICK CLOSE is a small extended detached house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £205,321. It was last sold for £147,000 in April 2018, which was around 13% below the average April 2018 detached price in the County Durham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

1 WARWICK CLOSE Sold Prices

Land registry data shows four sales for 1 WARWICK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 1 WARWICK CLOSE 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
2018 20 APR	£147,000	£168,729	13% below HPI
2015 30 APR	£144,000	£161,200	11% below HPI
2012 8 OCT	£150,000	£167,817	11% below HPI
2009 8 MAY	£150,000	£168,676	11% below HPI

1 WARWICK 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 four 1 WARWICK CLOSE sales between May 2009 and April 2018 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 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 WARWICK CLOSE be worth now?

1 WARWICK CLOSE might now be worth an estimated £205,321.

This is based on house price inflation of 39.7%, between April 2018 and August 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 39.7% inflationary increase is applied to the most recent sale price for 1 WARWICK CLOSE of £147,000 on 20th April 2018. For the value to have increased from £147,000 to £205,321 over the six years and eight months to August 2025, the following assumptions must hold true:

• The value of 1 WARWICK CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2018 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WARWICK CLOSE has not materially changed since April 2018.

How Large is 1 WARWICK CLOSE?

1 WARWICK CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 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 1 WARWICK CLOSE lies on this distribution: 28% of detached houses houses are smaller than 1 WARWICK CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

1 WARWICK CLOSE: Plot and Title Map

1 WARWICK CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 1 WARWICK 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 1 WARWICK 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 1 WARWICK CLOSE?

1 WARWICK CLOSE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 1 on WARWICK CLOSE.