12, PICKARD CLOSE, PETERLEE, SR8 5LZ - £69,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 PICKARD CLOSE is a very small terraced house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £100,604. It was last sold for £69,950 in August 2011, which was around 13% below the average August 2011 terraced price in the County Durham local authority area. The most recent EPC inspection was October 2024, where the current energy rating was B, and the potential energy rating was B.

12 PICKARD CLOSE Sold Prices

Land registry data shows two sales for 12 PICKARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Both of the two 12 PICKARD CLOSE sales were 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
2011 19 AUG	£69,950	£80,511	13% below HPI
2001 24 AUG	£29,950	£35,610	16% below HPI

12 PICKARD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The two 12 PICKARD CLOSE sales from August 2001 and August 2011 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 August 2001 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2011 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 12 PICKARD CLOSE be worth now?

12 PICKARD CLOSE might now be worth an estimated £100,604.

This is based on house price inflation of 43.8%, between August 2011 and July 2025, for terraced houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.8% inflationary increase is applied to the most recent sale price for 12 PICKARD CLOSE of £69,950 on 19th August 2011. For the value to have increased from £69,950 to £100,604 over the fourteen years and one month to July 2025, the following assumptions must hold true:

• The value of 12 PICKARD CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The August 2011 sale price of £69,950 represented a fair market value for the property.
• The size, condition, and specification of 12 PICKARD CLOSE has not materially changed since August 2011.

How Large is 12 PICKARD CLOSE?

12 PICKARD CLOSE is 66m² according to the EPC inspection conducted in October 2024. This puts it in the smallest 10% of terraced houses houses in Peterlee, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Peterlee, and where 12 PICKARD CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 12 PICKARD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

12 PICKARD CLOSE: Plot and Title Map

12 PICKARD CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 12 PICKARD CLOSE, 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 12 PICKARD CLOSE). 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 12 PICKARD CLOSE?

12 PICKARD CLOSE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 12 on PICKARD CLOSE.