34, CHESTER PLACE, PETERLEE, SR8 2EJ - £85,000

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.

34 CHESTER PLACE is a small extended terraced house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £100,933. It was last sold for £85,000 in May 2023, which was around 13% below the average May 2023 terraced price in the County Durham local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

34 CHESTER PLACE Sold Prices

Land registry data shows four sales for 34 CHESTER PLACE 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 34 CHESTER PLACE 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
2023 10 MAY	£85,000	£97,514	13% below HPI
2021 11 AUG	£75,000	£97,406	23% below HPI
2006 29 SEP	£82,950	£91,091	9% below HPI
2006 21 MAR	£54,000	£86,905	38% below HPI

34 CHESTER PLACE 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 34 CHESTER PLACE sales between March 2006 and May 2023 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 2021 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 34 CHESTER PLACE be worth now?

34 CHESTER PLACE might now be worth an estimated £100,933.

This is based on house price inflation of 18.7%, between May 2023 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 18.7% inflationary increase is applied to the most recent sale price for 34 CHESTER PLACE of £85,000 on 10th May 2023. For the value to have increased from £85,000 to £100,933 over the one year and ten months to July 2025, the following assumptions must hold true:

• The value of 34 CHESTER PLACE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The May 2023 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 34 CHESTER PLACE has not materially changed since May 2023.

How Large is 34 CHESTER PLACE?

34 CHESTER PLACE is 86m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% 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 34 CHESTER PLACE lies on this distribution: 24% of terraced houses houses are smaller than 34 CHESTER PLACE, and 73% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

34 CHESTER PLACE: Plot and Title Map

34 CHESTER PLACE sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 34 CHESTER PLACE, 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 34 CHESTER PLACE). 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 34 CHESTER PLACE?

34 CHESTER PLACE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 34 on CHESTER PLACE.