27, RIPLEY CLOSE, SPENNYMOOR, DL16 7FJ - £149,995

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.

27 RIPLEY CLOSE is a very small terraced house of 85m², which could now be worth an estimated £218,966. It was last sold for £149,995 in February 2020, which was around 89% above the average February 2020 terraced price in the County Durham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was A.

27 RIPLEY CLOSE Sold Prices

Land registry data shows two sales for 27 RIPLEY 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 27 RIPLEY 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
2020 24 FEB	£149,995	£79,320	89% above HPI
2017 3 JUL	£2,200,000	£81,998	2583% above HPI

27 RIPLEY 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 27 RIPLEY CLOSE sales from July 2017 and February 2020 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 July 2017 sale was for 2583% above the HPI. So the extrapolation line tracks at 2583% above the HPI over time, until the February 2020 sale, where it falls to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might 27 RIPLEY CLOSE be worth now?

27 RIPLEY CLOSE might now be worth an estimated £218,966.

This is based on house price inflation of 46%, between February 2020 and July 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 27 RIPLEY CLOSE of £149,995 on 24th February 2020. For the value to have increased from £149,995 to £218,966 over the four years and seven months to July 2025, the following assumptions must hold true:

• The value of 27 RIPLEY CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The February 2020 sale price of £149,995 represented a fair market value for the property.
• The size, condition, and specification of 27 RIPLEY CLOSE has not materially changed since February 2020.

How Large is 27 RIPLEY CLOSE?

27 RIPLEY CLOSE is 85m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% 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 27 RIPLEY CLOSE lies on this distribution: 15% of terraced houses houses are smaller than 27 RIPLEY CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

27 RIPLEY CLOSE: Plot and Title Map

27 RIPLEY CLOSE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 27 RIPLEY 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 27 RIPLEY 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 27 RIPLEY CLOSE?

27 RIPLEY CLOSE is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 27 on RIPLEY CLOSE.