33, LAKEMORE, PETERLEE, SR8 1DZ - £83,000

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.

33 LAKEMORE is a very small terraced house of 58m², built sometime between 1991 and 1995, which could now be worth an estimated £98,178. It was last sold for £83,000 in September 2021, which was around 15% below the average September 2021 terraced price in the County Durham local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

33 LAKEMORE Sold Prices

Land registry data shows five sales for 33 LAKEMORE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Most of the five 33 LAKEMORE 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 30 SEP	£83,000	£97,892	15% below HPI
2005 22 DEC	£85,000	£85,869	1% below HPI
2004 2 APR	£77,950	£60,386	29% above HPI
2000 31 AUG	£38,000	£35,155	8% above HPI
1996 29 MAR	£36,500	£29,253	25% above HPI

33 LAKEMORE 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 five 33 LAKEMORE sales between March 1996 and September 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 December 2005 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 33 LAKEMORE be worth now?

33 LAKEMORE might now be worth an estimated £98,178.

This is based on house price inflation of 18.3%, between September 2021 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 18.3% inflationary increase is applied to the most recent sale price for 33 LAKEMORE of £83,000 on 30th September 2021. For the value to have increased from £83,000 to £98,178 over the four years and two months to July 2025, the following assumptions must hold true:

• The value of 33 LAKEMORE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The September 2021 sale price of £83,000 represented a fair market value for the property.
• The size, condition, and specification of 33 LAKEMORE has not materially changed since September 2021.

How Large is 33 LAKEMORE?

33 LAKEMORE is 58m² according to the EPC inspection conducted in March 2010. 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 33 LAKEMORE lies on this distribution: 1% of terraced houses houses are smaller than 33 LAKEMORE, and 99% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

33 LAKEMORE: Plot and Title Map

33 LAKEMORE sits on a plot of roughly 0.037 of an acre, or 148m². The below map shows the location of 33 LAKEMORE, 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 33 LAKEMORE). 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 33 LAKEMORE?

33 LAKEMORE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 33 on LAKEMORE.