39, CHESTER PLACE, PETERLEE, SR8 2EJ - £90,000

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.

39 CHESTER PLACE is a large extended terraced house of 123m², built sometime between 1967 and 1975, which could now be worth an estimated £134,193. It was last sold for £90,000 in May 2015, which was around 17% above the average May 2015 terraced price in the County Durham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

39 CHESTER PLACE Sold Prices

Land registry data shows three sales for 39 CHESTER PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Two of the three 39 CHESTER PLACE sales were for above the average price, whilst one was 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
2015 21 MAY	£90,000	£76,838	17% above HPI
2008 18 JUL	£112,000	£96,149	16% above HPI
2001 26 OCT	£36,000	£36,390	1% below HPI

39 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 three 39 CHESTER PLACE sales between October 2001 and May 2015 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 July 2008 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2015 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 39 CHESTER PLACE be worth now?

39 CHESTER PLACE might now be worth an estimated £134,193.

This is based on house price inflation of 49.1%, between May 2015 and April 2026, 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 49.1% inflationary increase is applied to the most recent sale price for 39 CHESTER PLACE of £90,000 on 21st May 2015. For the value to have increased from £90,000 to £134,193 over the eleven years and one month to April 2026, the following assumptions must hold true:

• The value of 39 CHESTER PLACE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The May 2015 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of 39 CHESTER PLACE has not materially changed since May 2015.

How Large is 39 CHESTER PLACE?

39 CHESTER PLACE is 123m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 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 39 CHESTER PLACE lies on this distribution: 72% of terraced houses houses are smaller than 39 CHESTER PLACE, and 27% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

39 CHESTER PLACE: Plot and Title Map

39 CHESTER PLACE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 39 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 39 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 39 CHESTER PLACE?

39 CHESTER PLACE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 39 on CHESTER PLACE.