14, WANSBECK CLOSE, SPENNYMOOR, DL16 6XH - £90,000

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.

14 WANSBECK CLOSE is a very small semi-detached house of 48m², built sometime between 1967 and 1975, which could now be worth an estimated £98,624. It was last sold for £90,000 in August 2022, which was around 29% below the average August 2022 semi-detached price in the County Durham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

14 WANSBECK CLOSE Sold Prices

Land registry data shows four sales for 14 WANSBECK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the four 14 WANSBECK 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
2022 26 AUG	£90,000	£125,962	29% below HPI
2020 11 DEC	£84,000	£106,452	21% below HPI
2015 16 JAN	£70,000	£91,002	23% below HPI
1998 9 OCT	£38,000	£40,605	6% below HPI

14 WANSBECK CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The four 14 WANSBECK CLOSE sales between October 1998 and August 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 2020 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 14 WANSBECK CLOSE be worth now?

14 WANSBECK CLOSE might now be worth an estimated £98,624.

This is based on house price inflation of 9.6%, between August 2022 and August 2025, for semi-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 9.6% inflationary increase is applied to the most recent sale price for 14 WANSBECK CLOSE of £90,000 on 26th August 2022. For the value to have increased from £90,000 to £98,624 over the three years to August 2025, the following assumptions must hold true:

• The value of 14 WANSBECK CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The August 2022 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of 14 WANSBECK CLOSE has not materially changed since August 2022.

How Large is 14 WANSBECK CLOSE?

14 WANSBECK CLOSE is 48m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of semi-detached houses houses in Spennymoor, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Spennymoor, and where 14 WANSBECK CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 14 WANSBECK CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

14 WANSBECK CLOSE: Plot and Title Map

14 WANSBECK CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 14 WANSBECK 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 14 WANSBECK 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 14 WANSBECK CLOSE?

14 WANSBECK CLOSE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 14 on WANSBECK CLOSE.