12, THE SPINNEY, EASINGTON VILLAGE, PETERLEE, SR8 3NX - £185,000

12 THE SPINNEY is a midsized extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £185,000 in February 2021, which was about the average February 2021 detached price in the County Durham local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

12 THE SPINNEY Sold Prices

Land registry data shows four sales for 12 THE SPINNEY 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. The four 12 THE SPINNEY sales were a mix of roughly equal to the average price, above the average price, and 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
2021 19 FEB	£185,000	£185,102	Close to HPI
2019 2 AUG	£182,500	£170,402	7% above HPI
2010 3 SEP	£163,500	£174,900	7% below HPI
2001 12 APR	£91,500	£79,325	15% above HPI

12 THE SPINNEY 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 12 THE SPINNEY sales between April 2001 and February 2021 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 August 2019 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 12 THE SPINNEY?

12 THE SPINNEY is 102m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses in Easington, based on EPC data. The below chart shows the distribution of detached houses by size in Easington, and where 12 THE SPINNEY lies on this distribution: 51% of detached houses are smaller than 12 THE SPINNEY, and 48% of houses are larger. Note that EPC data is not available for all properties in Easington.

12 THE SPINNEY: Plot and Title Map

12 THE SPINNEY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 12 THE SPINNEY, 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 12 THE SPINNEY). 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 12 THE SPINNEY?

12 THE SPINNEY is located in EASINGTON VILLAGE, in the SR8 postcode district. The below map shows the position of No. 12 on THE SPINNEY.