16, JUBILEE CLOSE, SPENNYMOOR, DL16 6GA - £115,000

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.

16 JUBILEE CLOSE is a midsized extended terraced house of 104m², built sometime between 2003 and 2006, which could now be worth an estimated £167,878. It was last sold for £115,000 in March 2016, which was around 48% above the average March 2016 terraced price in the County Durham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

16 JUBILEE CLOSE Sold Prices

Land registry data shows two sales for 16 JUBILEE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Both of the two 16 JUBILEE CLOSE 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
2016 9 MAR	£115,000	£77,504	48% above HPI
2004 22 OCT	£160,000	£74,912	114% above HPI

16 JUBILEE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The two 16 JUBILEE CLOSE sales from October 2004 and March 2016 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 October 2004 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the March 2016 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 16 JUBILEE CLOSE be worth now?

16 JUBILEE CLOSE might now be worth an estimated £167,878.

This is based on house price inflation of 46%, between March 2016 and August 2025, for terraced 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 46% inflationary increase is applied to the most recent sale price for 16 JUBILEE CLOSE of £115,000 on 9th March 2016. For the value to have increased from £115,000 to £167,878 over the eight years and seven months to August 2025, the following assumptions must hold true:

• The value of 16 JUBILEE CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The March 2016 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 16 JUBILEE CLOSE has not materially changed since March 2016.

How Large is 16 JUBILEE CLOSE?

16 JUBILEE CLOSE is 104m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% of terraced houses houses in Spennymoor, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Spennymoor, and where 16 JUBILEE CLOSE lies on this distribution: 44% of terraced houses houses are smaller than 16 JUBILEE CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

16 JUBILEE CLOSE: Plot and Title Map

16 JUBILEE CLOSE sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 16 JUBILEE 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 16 JUBILEE 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 16 JUBILEE CLOSE?

16 JUBILEE CLOSE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 16 on JUBILEE CLOSE.