2, THE GROVE, PETERLEE, SR8 3BU - £29,950

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.

2 THE GROVE is a semi-detached house, which could now be worth an estimated £103,826. It was last sold for £29,950 in May 1998, which was around 25% below the average May 1998 semi-detached price in the County Durham local authority area.

2 THE GROVE Sold Prices

Land registry data shows one sale for 2 THE GROVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1998 29 MAY	£29,950	£39,804	25% below HPI

What might 2 THE GROVE be worth now?

2 THE GROVE might now be worth an estimated £103,826.

This is based on house price inflation of 246.7%, between May 1998 and May 2026, for semi-detached 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 246.7% inflationary increase is applied to the most recent sale price for 2 THE GROVE of £29,950 on 29th May 1998. For the value to have increased from £29,950 to £103,826 over the 28 years to May 2026, the following assumptions must hold true:

• The value of 2 THE GROVE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The May 1998 sale price of £29,950 represented a fair market value for the property.
• The size, condition, and specification of 2 THE GROVE has not materially changed since May 1998.

Where is 2 THE GROVE?

2 THE GROVE is located in PETERLEE, in the SR8 postcode district.