1, MARWOOD GROVE, PETERLEE, SR8 1NN - £425,000

1 MARWOOD GROVE is a very large detached house of 187m², built sometime between 2003 and 2006. It was last sold for £425,000 in August 2022, which was around 101% above the average August 2022 detached price in the County Durham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was C.

1 MARWOOD GROVE Sold Prices

Land registry data shows three sales for 1 MARWOOD GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 1 MARWOOD GROVE sales were for above 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
2022 26 AUG	£425,000	£211,012	101% above HPI
2020 30 NOV	£310,000	£179,153	73% above HPI
2005 19 AUG	£200,000	£170,932	17% above HPI

1 MARWOOD GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three 1 MARWOOD GROVE sales between August 2005 and August 2022 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 2020 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the August 2022 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

How Large is 1 MARWOOD GROVE?

1 MARWOOD GROVE is 187m² according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 1 MARWOOD GROVE lies on this distribution: 93% of detached houses are smaller than 1 MARWOOD GROVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

1 MARWOOD GROVE: Plot and Title Map

1 MARWOOD GROVE sits on a plot of roughly 0.193 of an acre, or 782m². The below map shows the location of 1 MARWOOD GROVE, 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 1 MARWOOD GROVE). 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 1 MARWOOD GROVE?

1 MARWOOD GROVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 1 on MARWOOD GROVE.