15, IVYWAY, PELTON, CHESTER LE STREET, DH2 1DR - £90,500

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.

15 IVYWAY is a very small terraced house of 71m², built sometime between 2003 and 2006, which could now be worth an estimated £108,321. It was last sold for £90,500 in May 2021, which was around 2% below the average May 2021 terraced price in the County Durham local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

15 IVYWAY Sold Prices

Land registry data shows four sales for 15 IVYWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Most of the four 15 IVYWAY 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
2021 18 MAY	£90,500	£92,414	2% below HPI
2016 5 FEB	£88,500	£77,387	14% above HPI
2012 1 SEP	£95,000	£80,051	19% above HPI
2005 18 MAR	£87,995	£76,833	15% above HPI

15 IVYWAY 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 four 15 IVYWAY sales between March 2005 and May 2021 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 February 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2021 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 15 IVYWAY be worth now?

15 IVYWAY might now be worth an estimated £108,321.

This is based on house price inflation of 19.7%, between May 2021 and June 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 19.7% inflationary increase is applied to the most recent sale price for 15 IVYWAY of £90,500 on 18th May 2021. For the value to have increased from £90,500 to £108,321 over the three years and eleven months to June 2025, the following assumptions must hold true:

• The value of 15 IVYWAY has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The May 2021 sale price of £90,500 represented a fair market value for the property.
• The size, condition, and specification of 15 IVYWAY has not materially changed since May 2021.

How Large is 15 IVYWAY?

15 IVYWAY is 71m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of terraced houses houses in Pelton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Pelton, and where 15 IVYWAY lies on this distribution: 11% of terraced houses houses are smaller than 15 IVYWAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Pelton.

15 IVYWAY: Plot and Title Map

15 IVYWAY sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 15 IVYWAY, 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 15 IVYWAY). 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 15 IVYWAY?

15 IVYWAY is located in PELTON, in the DH2 postcode district. The below map shows the position of No. 15 on IVYWAY.