11, THE VILLAGE, OLD SHOTTON, PETERLEE, SR8 2NA - £270,000

11 THE VILLAGE is a very large extended detached house of 178m², built sometime before 1900. It was last sold for £270,000 in March 2023, which was around 29% above the average March 2023 detached price in the County Durham local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

11 THE VILLAGE Sold Prices

Land registry data shows two sales for 11 THE VILLAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. One of the two 11 THE VILLAGE sales was for above the average price, whilst the other was for below 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
2023 21 MAR	£270,000	£209,153	29% above HPI
2004 2 JUL	£132,250	£148,124	11% below HPI

11 THE VILLAGE 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 two 11 THE VILLAGE sales from July 2004 and March 2023 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 July 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2023 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 11 THE VILLAGE?

11 THE VILLAGE is 178m², which includes two extensions, according to the EPC inspection conducted in September 2022. 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 11 THE VILLAGE lies on this distribution: 91% of detached houses are smaller than 11 THE VILLAGE, and 9% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

11 THE VILLAGE: Plot and Title Map

11 THE VILLAGE sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of 11 THE VILLAGE, 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 11 THE VILLAGE). 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 11 THE VILLAGE?

11 THE VILLAGE is located in OLD SHOTTON, in the SR8 postcode district. The below map shows the position of No. 11 on THE VILLAGE.