5, MIDDLEFIELD, PELTON, CHESTER LE STREET, DH2 1DP - £105,000

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.

5 MIDDLEFIELD is a small terraced house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £152,574. It was last sold for £105,000 in March 2019, which was around 38% above the average March 2019 terraced price in the County Durham local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

5 MIDDLEFIELD Sold Prices

Land registry data shows three sales for 5 MIDDLEFIELD 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. All of the three 5 MIDDLEFIELD 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
2019 8 MAR	£105,000	£76,122	38% above HPI
2016 26 OCT	£99,000	£79,181	25% above HPI
2008 31 OCT	£112,500	£91,285	23% above HPI

5 MIDDLEFIELD 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 5 MIDDLEFIELD sales between October 2008 and March 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 October 2016 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2019 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 5 MIDDLEFIELD be worth now?

5 MIDDLEFIELD might now be worth an estimated £152,574.

This is based on house price inflation of 45.3%, between March 2019 and June 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 45.3% inflationary increase is applied to the most recent sale price for 5 MIDDLEFIELD of £105,000 on 8th March 2019. For the value to have increased from £105,000 to £152,574 over the five years and nine months to June 2025, the following assumptions must hold true:

• The value of 5 MIDDLEFIELD has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The March 2019 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MIDDLEFIELD has not materially changed since March 2019.

How Large is 5 MIDDLEFIELD?

5 MIDDLEFIELD is 88m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of terraced houses houses in Pelton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Pelton, and where 5 MIDDLEFIELD lies on this distribution: 25% of terraced houses houses are smaller than 5 MIDDLEFIELD, and 73% of houses are larger. Note that EPC data is not available for all properties in Pelton.

5 MIDDLEFIELD: Plot and Title Map

5 MIDDLEFIELD sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 5 MIDDLEFIELD, 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 5 MIDDLEFIELD). 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 5 MIDDLEFIELD?

5 MIDDLEFIELD is located in PELTON, in the DH2 postcode district. The below map shows the position of No. 5 on MIDDLEFIELD.