28, STRATTON STREET, SPENNYMOOR, DL16 7TW - £56,000

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.

28 STRATTON STREET is a very small extended terraced house of 67m², built sometime between 1900 and 1929, which could now be worth an estimated £81,321. It was last sold for £56,000 in June 2014, which was around 28% below the average June 2014 terraced price in the County Durham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

28 STRATTON STREET Sold Prices

Land registry data shows three sales for 28 STRATTON STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the three 28 STRATTON STREET 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 23 JUN	£56,000	£77,912	28% below HPI
2006 6 NOV	£69,950	£91,243	23% below HPI
1999 6 AUG	£30,000	£33,718	11% below HPI

28 STRATTON STREET 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 three 28 STRATTON STREET sales between August 1999 and June 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 November 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 28 STRATTON STREET be worth now?

28 STRATTON STREET might now be worth an estimated £81,321.

This is based on house price inflation of 45.2%, between June 2014 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 45.2% inflationary increase is applied to the most recent sale price for 28 STRATTON STREET of £56,000 on 23rd June 2014. For the value to have increased from £56,000 to £81,321 over the ten years and ten months to August 2025, the following assumptions must hold true:

• The value of 28 STRATTON STREET has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The June 2014 sale price of £56,000 represented a fair market value for the property.
• The size, condition, and specification of 28 STRATTON STREET has not materially changed since June 2014.

How Large is 28 STRATTON STREET?

28 STRATTON STREET is 67m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% 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 28 STRATTON STREET lies on this distribution: 2% of terraced houses houses are smaller than 28 STRATTON STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Spennymoor.

28 STRATTON STREET: Plot and Title Map

28 STRATTON STREET sits on a plot of roughly 0.016 of an acre, or 65m². The below map shows the location of 28 STRATTON STREET, 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 28 STRATTON STREET). 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 28 STRATTON STREET?

28 STRATTON STREET is located in SPENNYMOOR, in the DL16 postcode district. The below map shows the position of No. 28 on STRATTON STREET.