36, SEVERN CLOSE, PETERLEE, SR8 1JZ - £89,950

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.

36 SEVERN CLOSE is a small terraced house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £100,024. It was last sold for £89,950 in August 2022, which was around 14% below the average August 2022 terraced price in the County Durham local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

36 SEVERN CLOSE Sold Prices

Land registry data shows two sales for 36 SEVERN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Both of the two 36 SEVERN CLOSE 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
2022 12 AUG	£89,950	£104,131	14% below HPI
2005 22 DEC	£75,000	£85,869	13% below HPI

36 SEVERN CLOSE 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 two 36 SEVERN CLOSE sales from December 2005 and August 2022 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 36 SEVERN CLOSE be worth now?

36 SEVERN CLOSE might now be worth an estimated £100,024.

This is based on house price inflation of 11.2%, between August 2022 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 11.2% inflationary increase is applied to the most recent sale price for 36 SEVERN CLOSE of £89,950 on 12th August 2022. For the value to have increased from £89,950 to £100,024 over the three years and one month to July 2025, the following assumptions must hold true:

• The value of 36 SEVERN CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The August 2022 sale price of £89,950 represented a fair market value for the property.
• The size, condition, and specification of 36 SEVERN CLOSE has not materially changed since August 2022.

How Large is 36 SEVERN CLOSE?

36 SEVERN CLOSE is 90m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 40% 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 36 SEVERN CLOSE lies on this distribution: 33% of terraced houses houses are smaller than 36 SEVERN CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

36 SEVERN CLOSE: Plot and Title Map

36 SEVERN CLOSE sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 36 SEVERN CLOSE, 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 36 SEVERN CLOSE). 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 36 SEVERN CLOSE?

36 SEVERN CLOSE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 36 on SEVERN CLOSE.