28, NINTH STREET, PETERLEE, SR8 4LZ - £54,000

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.

28 NINTH STREET is a very small terraced house of 70m², built sometime between 1900 and 1929, which could now be worth an estimated £63,458. It was last sold for £54,000 in June 2007, which was around 43% below the average June 2007 terraced price in the County Durham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

28 NINTH STREET Sold Prices

Land registry data shows four sales for 28 NINTH STREET 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. All of the four 28 NINTH STREET 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
2007 22 JUN	£54,000	£94,126	43% below HPI
2005 18 AUG	£46,000	£83,693	45% below HPI
2000 18 DEC	£10,500	£33,672	69% below HPI
1999 18 JUN	£13,500	£32,271	58% below HPI

28 NINTH STREET 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 28 NINTH STREET sales between June 1999 and June 2007 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 2005 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2007 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 28 NINTH STREET be worth now?

28 NINTH STREET might now be worth an estimated £63,458.

This is based on house price inflation of 17.5%, between June 2007 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 17.5% inflationary increase is applied to the most recent sale price for 28 NINTH STREET of £54,000 on 22nd June 2007. For the value to have increased from £54,000 to £63,458 over the eighteen years to June 2025, the following assumptions must hold true:

• The value of 28 NINTH STREET has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The June 2007 sale price of £54,000 represented a fair market value for the property.
• The size, condition, and specification of 28 NINTH STREET has not materially changed since June 2007.

How Large is 28 NINTH STREET?

28 NINTH STREET is 70m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of terraced houses houses in Horden, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Horden, and where 28 NINTH STREET lies on this distribution: 1% of terraced houses houses are smaller than 28 NINTH STREET, and 97% of houses are larger. Note that EPC data is not available for all properties in Horden.

28 NINTH STREET: Plot and Title Map

28 NINTH STREET sits on a plot of roughly 0.018 of an acre, or 74m². The below map shows the location of 28 NINTH STREET, 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 28 NINTH STREET). 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 28 NINTH STREET?

28 NINTH STREET is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 28 on NINTH STREET.