41, BUCKINGHAM ROAD, PETERLEE, SR8 2DT - £100,000

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.

41 BUCKINGHAM ROAD is a small terraced house of 93m², built sometime before 1900, which could now be worth an estimated £143,509. It was last sold for £100,000 in December 2012, which was around 26% above the average December 2012 terraced price in the County Durham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

41 BUCKINGHAM ROAD Sold Prices

Land registry data shows two sales for 41 BUCKINGHAM ROAD 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 41 BUCKINGHAM ROAD 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
2012 7 DEC	£100,000	£79,117	26% above HPI
1996 19 FEB	£39,000	£29,723	31% above HPI

41 BUCKINGHAM ROAD 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 41 BUCKINGHAM ROAD sales from February 1996 and December 2012 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 February 1996 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the December 2012 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 41 BUCKINGHAM ROAD be worth now?

41 BUCKINGHAM ROAD might now be worth an estimated £143,509.

This is based on house price inflation of 43.5%, between December 2012 and May 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 43.5% inflationary increase is applied to the most recent sale price for 41 BUCKINGHAM ROAD of £100,000 on 7th December 2012. For the value to have increased from £100,000 to £143,509 over the fourteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 41 BUCKINGHAM ROAD has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The December 2012 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 41 BUCKINGHAM ROAD has not materially changed since December 2012.

How Large is 41 BUCKINGHAM ROAD?

41 BUCKINGHAM ROAD is 93m² according to the EPC inspection conducted in March 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 41 BUCKINGHAM ROAD lies on this distribution: 37% of terraced houses houses are smaller than 41 BUCKINGHAM ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

41 BUCKINGHAM ROAD: Plot and Title Map

41 BUCKINGHAM ROAD sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 41 BUCKINGHAM ROAD, 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 41 BUCKINGHAM ROAD). 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 41 BUCKINGHAM ROAD?

41 BUCKINGHAM ROAD is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 41 on BUCKINGHAM ROAD.