10, SCHOOL CLOSE, SPENNYMOOR, DL16 6GD - £176,000

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.

10 SCHOOL CLOSE is a large extended detached house of 120m², built sometime between 2003 and 2006, which could now be worth an estimated £199,041. It was last sold for £176,000 in April 2023, which was around 16% below the average April 2023 detached price in the County Durham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

10 SCHOOL CLOSE Sold Prices

Land registry data shows three sales for 10 SCHOOL CLOSE 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 10 SCHOOL 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
2023 20 APR	£176,000	£208,390	16% below HPI
2021 4 NOV	£146,500	£207,022	29% below HPI
2005 14 OCT	£169,950	£178,880	5% below HPI

10 SCHOOL 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 three 10 SCHOOL CLOSE sales between October 2005 and April 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 November 2021 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2023 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 10 SCHOOL CLOSE be worth now?

10 SCHOOL CLOSE might now be worth an estimated £199,041.

This is based on house price inflation of 13.1%, between April 2023 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 13.1% inflationary increase is applied to the most recent sale price for 10 SCHOOL CLOSE of £176,000 on 20th April 2023. For the value to have increased from £176,000 to £199,041 over the one year and eight months to August 2025, the following assumptions must hold true:

• The value of 10 SCHOOL CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2023 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SCHOOL CLOSE has not materially changed since April 2023.

How Large is 10 SCHOOL CLOSE?

10 SCHOOL CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the largest 40% 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 10 SCHOOL CLOSE lies on this distribution: 68% of detached houses houses are smaller than 10 SCHOOL CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

10 SCHOOL CLOSE: Plot and Title Map

10 SCHOOL CLOSE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 10 SCHOOL 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 10 SCHOOL 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 10 SCHOOL CLOSE?

10 SCHOOL CLOSE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 10 on SCHOOL CLOSE.