38 Faraday Close, Spennymoor, DL16 7UY is a freehold semi-detached property built in 2012 onwards. The property offers approximately 753 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £156,402 , which equates to approximately £208 per square foot. It was last sold on 26 Feb 2021 for £123,000. Since then, the value has increased by £33,402, representing a 27.2% increase, or approximately 5.7% per year.

The current estimated value of £156,402 is:

  • 14.9% lower than the average property price on Faraday Close
  • 8.4% lower than the average in the DL16 7UY postcode area
  • and 2.8% lower than the average price for Spennymoor as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 20 July 2024, the property was recorded as owner-occupied.

View sold house prices in DL16 7UY

Building approximate location

About Property

Type
Semi-Detached House
Built
2012 onwards
Interior Size
753 sq ft
Tenure
Freehold
Price (estimate)
£156,402
Price Per sq ft (estimate)
£208
Bedroom Count (estimate)
2 bedrooms

EPC Summary

38 Faraday Close, Spennymoor, County Durham, DL16 7UY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 Jul 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Sep 2014, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 6.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from average thermal transmittance 0.12 w/m-¦k to pitched, 200 mm loft insulation, changing energy efficiency from very good to good.
  • The wall construction or insulation changed from average thermal transmittance 0.27 w/m-¦k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (very good).
  • The windows were upgraded from high performance glazing to fully double glazed.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to DL16 7UY

20 th / 39
Price Rank
8% lower than average
27 th / 37
Size Rank
13% smaller than average
7 th / 37
Price Per Sq FT Rank
5% higher than average

Compared to other properties in DL16 7UY , this house's estimated value ranks 20th out of 39. Based on price per square foot, it ranks 7th out of 37 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 27th out of 37 properties in its postcode area.

Sale History

Today
£156,402
streetscan.co.uk estimate
+27 %
26 Feb 2021
£123,000
Leasehold
-3.9 %
17 Oct 2014
£128,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 861 sq ft
sale price: £84,523
sale date: 30 Sep 2016

Data Sources

The property at 38 Faraday Close, Spennymoor, DL16 7UY appears two times in the Land Registry records, with the latest transaction recorded on 26 Feb 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Jul 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.