4, LINACRE COURT, PETERLEE, SR8 2NP - £63,500

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.

4 LINACRE COURT is a small terraced house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £90,919. It was last sold for £63,500 in July 2019, which was around 21% below the average July 2019 terraced price in the County Durham local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

4 LINACRE COURT Sold Prices

Land registry data shows three sales for 4 LINACRE COURT 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 4 LINACRE COURT sales were for below the average price, whilst one was 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
2019 16 JUL	£63,500	£80,873	21% below HPI
2007 10 AUG	£85,000	£96,564	12% below HPI
2005 20 MAY	£81,950	£79,551	3% above HPI

4 LINACRE COURT 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 4 LINACRE COURT sales between May 2005 and July 2019 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 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 4 LINACRE COURT be worth now?

4 LINACRE COURT might now be worth an estimated £90,919.

This is based on house price inflation of 43.2%, between July 2019 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 43.2% inflationary increase is applied to the most recent sale price for 4 LINACRE COURT of £63,500 on 16th July 2019. For the value to have increased from £63,500 to £90,919 over the six years to July 2025, the following assumptions must hold true:

• The value of 4 LINACRE COURT has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The July 2019 sale price of £63,500 represented a fair market value for the property.
• The size, condition, and specification of 4 LINACRE COURT has not materially changed since July 2019.

How Large is 4 LINACRE COURT?

4 LINACRE COURT is 87m² according to the EPC inspection conducted in May 2019. 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 4 LINACRE COURT lies on this distribution: 27% of terraced houses houses are smaller than 4 LINACRE COURT, and 71% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

4 LINACRE COURT: Plot and Title Map

4 LINACRE COURT sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 4 LINACRE COURT, 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 4 LINACRE COURT). 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 4 LINACRE COURT?

4 LINACRE COURT is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 4 on LINACRE COURT.