2, THE SPINNEY, EASINGTON VILLAGE, PETERLEE, SR8 3NX - £155,000

2 THE SPINNEY is a small detached house of 93m², built sometime between 2003 and 2006. It was last sold for £155,000 in June 2015, which was around 4% below the average June 2015 detached price in the County Durham local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

2 THE SPINNEY Sold Prices

Land registry data shows three sales for 2 THE SPINNEY 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. One of the three 2 THE SPINNEY sales was for below the average price, whilst two 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
2015 19 JUN	£155,000	£162,266	4% below HPI
2007 31 MAY	£185,000	£183,519	1% above HPI
1999 28 MAY	£85,000	£72,153	18% above HPI

2 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 three 2 THE SPINNEY sales between May 1999 and June 2015 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 May 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2015 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 2 THE SPINNEY?

2 THE SPINNEY is 93m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 30% of detached houses in Easington, based on EPC data. The below chart shows the distribution of detached houses by size in Easington, and where 2 THE SPINNEY lies on this distribution: 29% of detached houses are smaller than 2 THE SPINNEY, and 71% of houses are larger. Note that EPC data is not available for all properties in Easington.

2 THE SPINNEY: Plot and Title Map

2 THE SPINNEY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 2 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 2 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 2 THE SPINNEY?

2 THE SPINNEY is located in EASINGTON VILLAGE, in the SR8 postcode district. The below map shows the position of No. 2 on THE SPINNEY.