4, WESTCLIFF CLOSE, PETERLEE, SR8 3DD - £222,000

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.

4 WESTCLIFF CLOSE is a large extended detached house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £274,819. It was last sold for £222,000 in April 2021, which was around 16% above the average April 2021 detached price in the County Durham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

4 WESTCLIFF CLOSE Sold Prices

Land registry data shows two sales for 4 WESTCLIFF CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 4 WESTCLIFF CLOSE 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 29 APR	£222,000	£190,774	16% above HPI
2000 21 JUL	£85,000	£83,461	2% above HPI

4 WESTCLIFF CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 4 WESTCLIFF CLOSE sales from July 2000 and April 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 July 2000 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 4 WESTCLIFF CLOSE be worth now?

4 WESTCLIFF CLOSE might now be worth an estimated £274,819.

This is based on house price inflation of 23.8%, between April 2021 and February 2025, for detached 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 23.8% inflationary increase is applied to the most recent sale price for 4 WESTCLIFF CLOSE of £222,000 on 29th April 2021. For the value to have increased from £222,000 to £274,819 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 4 WESTCLIFF CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2021 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WESTCLIFF CLOSE has not materially changed since April 2021.

How Large is 4 WESTCLIFF CLOSE?

4 WESTCLIFF CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses houses in Easington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Easington, and where 4 WESTCLIFF CLOSE lies on this distribution: 64% of detached houses houses are smaller than 4 WESTCLIFF CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Easington.

4 WESTCLIFF CLOSE: Plot and Title Map

4 WESTCLIFF CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 4 WESTCLIFF 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 4 WESTCLIFF 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 4 WESTCLIFF CLOSE?

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