2 Lumley Close

    2, LUMLEY CLOSE, SPENNYMOOR, DL16 6LS

    This terraced freehold property on Lumley Close last sold in May 2023 for £145,000. Based on price growth in the DL16 district since then, its estimated current value is £155,161 — placing it in the 14th percentile nationally and the 48th percentile within DL16. The property covers 79 m² (850 sq ft), giving an estimated value of £1,964 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £145,000

    May 2023

    Estimated Valuation

    £155,161

    Est. £/sq ft

    £182/sq ft

    £1,964/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateDec 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 May 2023

    £145,000

    Key Metrics

    Estimated valuation£155,161
    Value per sq ft / m²£182/sq ft (£1,964/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DL16 district percentile48th percentile
    National percentile14th percentile

    District Context — DL16

    DL16 covers rural and small-town communities in County Durham, situated in the north-east of England. It is a traditional working area with a quieter pace of life and strong community ties.

    Average Property Price - DL16

    £165,182

    5

    National percentile

    Average Net Household Income - DL16

    £33,798

    24

    National percentile

    10-Year Annualised Price Growth - DL16

    2.7%

    21

    National percentile

    10-Year Annualised Rent Growth - DL

    3.2%

    14

    National percentile

    View full analysis for DL16

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