23, THE SPINNEY, EASINGTON VILLAGE, PETERLEE, SR8 3NX - £220,000

23 THE SPINNEY is a small detached house of 97m², built sometime between 1996 and 2002. It was last sold for £220,000 in April 2023, which was around 7% above the average April 2023 detached price in the County Durham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

23 THE SPINNEY Sold Prices

Land registry data shows four sales for 23 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. Most of the four 23 THE SPINNEY 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
2023 11 APR	£220,000	£204,670	7% above HPI
2007 20 DEC	£190,000	£193,231	2% below HPI
2002 20 SEP	£113,000	£96,423	17% above HPI
2001 21 SEP	£90,500	£86,082	5% above HPI

23 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 23 THE SPINNEY sales between September 2001 and April 2023 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 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 23 THE SPINNEY?

23 THE SPINNEY is 97m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Easington, based on EPC data. The below chart shows the distribution of detached houses by size in Easington, and where 23 THE SPINNEY lies on this distribution: 35% of detached houses are smaller than 23 THE SPINNEY, and 64% of houses are larger. Note that EPC data is not available for all properties in Easington.

23 THE SPINNEY: Plot and Title Map

23 THE SPINNEY sits on a plot of roughly 0.054 of an acre, or 221m². The below map shows the location of 23 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 23 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 23 THE SPINNEY?

23 THE SPINNEY is located in EASINGTON VILLAGE, in the SR8 postcode district. The below map shows the position of No. 23 on THE SPINNEY.