2, SPELL CLOSE, YARM, TS15 9SD - £145,200

2 SPELL CLOSE is a very small extended semi-detached house of 87m², built sometime between 1967 and 1975. It was last sold for £145,200 in April 2014, which was around 26% below the average April 2014 detached price in the Stockton-on-Tees local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

2 SPELL CLOSE Sold Prices

Land registry data shows three sales for 2 SPELL 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 Stockton-on-Tees local authority area for the corresponding sale date. All of the three 2 SPELL 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
2014 9 APR	£145,200	£195,618	26% below HPI
2004 16 JAN	£129,950	£141,789	8% below HPI
1995 21 JUL	£57,500	£75,636	24% below HPI

2 SPELL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stockton-on-Tees local authority area over time, sourced from the HPI. The three 2 SPELL CLOSE sales between July 1995 and April 2014 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 January 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2014 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 SPELL CLOSE?

2 SPELL CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in Yarm, based on EPC data. The below chart shows the distribution of detached houses by size in Yarm, and where 2 SPELL CLOSE lies on this distribution: 17% of detached houses are smaller than 2 SPELL CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Yarm.

2 SPELL CLOSE: Plot and Title Map

2 SPELL CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 2 SPELL 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 2 SPELL 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 2 SPELL CLOSE?

2 SPELL CLOSE is located in YARM, in the TS15 postcode district. The below map shows the position of No. 2 on SPELL CLOSE.