53, MAYFIELDS, SPENNYMOOR, DL16 6RW - £95,000

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.

53 MAYFIELDS is a very small extended detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £195,810. It was last sold for £95,000 in May 2003, which was around 16% below the average May 2003 detached price in the County Durham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

53 MAYFIELDS Sold Prices

Land registry data shows one sale for 53 MAYFIELDS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the County Durham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 23 MAY	£95,000	£113,699	16% below HPI

What might 53 MAYFIELDS be worth now?

53 MAYFIELDS might now be worth an estimated £195,810.

This is based on house price inflation of 106.1%, between May 2003 and May 2026, for detached 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 106.1% inflationary increase is applied to the most recent sale price for 53 MAYFIELDS of £95,000 on 23rd May 2003. For the value to have increased from £95,000 to £195,810 over the 23 years to May 2026, the following assumptions must hold true:

• The value of 53 MAYFIELDS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2003 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 53 MAYFIELDS has not materially changed since May 2003.

How Large is 53 MAYFIELDS?

53 MAYFIELDS is 77m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses in Spennymoor, based on EPC data. The below chart shows the distribution of detached houses by size in Spennymoor, and where 53 MAYFIELDS lies on this distribution: 8% of detached houses are smaller than 53 MAYFIELDS, and 91% of detached houses are larger. Note that EPC data is not available for all properties in Spennymoor.

53 MAYFIELDS: Plot

53 MAYFIELDS sits on a plot of roughly 0.081 of an acre, or 329m².

Where is 53 MAYFIELDS?

53 MAYFIELDS is located in SPENNYMOOR, in the DL16 postcode district.