5, PICKARD CLOSE, PETERLEE, SR8 5LZ - £43,500

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.

5 PICKARD CLOSE is a very small extended terraced house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £62,024. It was last sold for £43,500 in November 2019, which was around 46% below the average November 2019 terraced price in the County Durham local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

5 PICKARD CLOSE Sold Prices

Land registry data shows three sales for 5 PICKARD CLOSE 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 PICKARD CLOSE sales were for below 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 21 NOV	£43,500	£81,211	46% below HPI
2008 30 APR	£83,500	£94,367	12% below HPI
2005 25 NOV	£65,000	£85,182	24% below HPI

5 PICKARD CLOSE 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 PICKARD CLOSE sales between November 2005 and November 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 April 2008 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2019 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 5 PICKARD CLOSE be worth now?

5 PICKARD CLOSE might now be worth an estimated £62,024.

This is based on house price inflation of 42.6%, between November 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 42.6% inflationary increase is applied to the most recent sale price for 5 PICKARD CLOSE of £43,500 on 21st November 2019. For the value to have increased from £43,500 to £62,024 over the six years and four months to July 2025, the following assumptions must hold true:

• The value of 5 PICKARD CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The November 2019 sale price of £43,500 represented a fair market value for the property.
• The size, condition, and specification of 5 PICKARD CLOSE has not materially changed since November 2019.

How Large is 5 PICKARD CLOSE?

5 PICKARD CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% 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 5 PICKARD CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 5 PICKARD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

5 PICKARD CLOSE: Plot and Title Map

5 PICKARD CLOSE sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 5 PICKARD 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 5 PICKARD 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 5 PICKARD CLOSE?

5 PICKARD CLOSE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 5 on PICKARD CLOSE.