8, BURNSIDE, PETERLEE, SR8 1BX - £345,000

8 BURNSIDE is a very large extended detached house of 218m², built sometime between 1967 and 1975. It was last sold for £345,000 in March 2023, which was around 65% above the average March 2023 detached price in the County Durham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

8 BURNSIDE Sold Prices

Land registry data shows two sales for 8 BURNSIDE 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. One of the two 8 BURNSIDE sales was for above the average price, whilst the other was 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
2023 14 MAR	£345,000	£209,153	65% above HPI
2018 23 MAR	£162,500	£161,955	Close to HPI

8 BURNSIDE 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 8 BURNSIDE sales from March 2018 and March 2023 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 2018 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2023 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 8 BURNSIDE?

8 BURNSIDE is 218m², which includes three extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 8 BURNSIDE lies on this distribution: 96% of detached houses are smaller than 8 BURNSIDE, and 4% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

8 BURNSIDE: Plot and Title Map

8 BURNSIDE sits on a plot of roughly 0.283 of an acre, or 1,145m². The below map shows the location of 8 BURNSIDE, 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 8 BURNSIDE). 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 8 BURNSIDE?

8 BURNSIDE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 8 on BURNSIDE.