2, Dean Lane
2, Dean Lane
Description & Estimates
Public records show 2, Dean Lane, Spennymoor to be a modern freehold house with 1,851 ft2 of internal area, sitting on a 287 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Dean Lane, Spennymoor has an estimated sale value of £242,472 and an estimated rental value of £1,274 per month, assuming reasonable condition and based on the information available.
Dean Lane, Spennymoor, DL16 lies within the DL16 postal district.
Our Data Sources
2, Dean Lane, Spennymoor has a single entry in the Land Registry from March 2013 and a single entry in the EPC database dated February 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 2, Dean Lane, Spennymoor would be worth £254,596, with a potential rental value of £1,338 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £225,499, with a rental value of £1,185 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Dean Lane, Spennymoor has declined by £3,648 (1.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £35 (2.7%). The property's estimated gross yield is currently 6.3%.
Plot Size
2, Dean Lane, Spennymoor occupies a 287 m2 plot as recorded by HM Land Registry.
All 23 other houses in this postcode have recorded plot sizes, and this one ranks as the 10th largest.
Energy Efficiency
2, Dean Lane, Spennymoor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Feb 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Dean Lane, Spennymoor last changed hands on 22nd March 2013, selling for £250,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 7.5% since March 2013.
- Sold Mar 2013£250,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 980 metres of 2, Dean Lane, Spennymoor across the last 2 years.
Most recently, 7, Dean Lane, Spennymoor, DL16 6PE, a freehold house, sold at £315,000 on the 26th April 2024.
Read more about house prices in DL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Dean Lane, Spennymoor as the largest and the 2nd most expensive of the 23 addresses on Dean Lane, Spennymoor, DL16.
Against the DL16 postcode district average, it is £97k more expensive than the typical property.
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Schools Nearby
- 1.1kmNorth Park Primary School
- 1.1kmSt Charles' Catholic Primary School, Tudhoe
- 1.3kmSpringmoor Grange School
- 2.2kmFerryhill School
- 2.7kmWhitworth Park Academy
- 7.4kmParkside Academy
More reading links
Public Transport Nearby
Durham station is the nearest stop to 2, Dean Lane, Spennymoor at 8.4 kilometres away.
- 8.4kmDurham
- 8.4kmBishop Auckland
- 9.5kmShildon
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
