42, BALMORAL DRIVE, PETERLEE, SR8 1QP - £172,500

42 BALMORAL DRIVE is a small extended detached house of 88m², built sometime between 1996 and 2002. It was last sold for £172,500 in June 2020, which was around 5% above the average June 2020 detached price in the County Durham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

42 BALMORAL DRIVE Sold Prices

Land registry data shows four sales for 42 BALMORAL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. The four 42 BALMORAL DRIVE sales were a mix of above the average price, and roughly equal to 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
2020 26 JUN	£172,500	£165,064	5% above HPI
2020 27 MAR	£170,000	£165,142	3% above HPI
2018 2 MAR	£162,500	£161,955	Close to HPI
2001 27 JUL	£83,950	£82,054	2% above HPI

42 BALMORAL DRIVE 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 four 42 BALMORAL DRIVE sales between July 2001 and June 2020 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 March 2020 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 42 BALMORAL DRIVE?

42 BALMORAL DRIVE is 88m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 42 BALMORAL DRIVE lies on this distribution: 29% of detached houses are smaller than 42 BALMORAL DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

42 BALMORAL DRIVE: Plot and Title Map

42 BALMORAL DRIVE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 42 BALMORAL DRIVE, 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 42 BALMORAL DRIVE). 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 42 BALMORAL DRIVE?

42 BALMORAL DRIVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 42 on BALMORAL DRIVE.