8, THORPE ROAD, EASINGTON, PETERLEE, SR8 3UA - £112,500

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.

8 THORPE ROAD is a very small extended terraced house of 87m², built sometime between 1900 and 1929, which could now be worth an estimated £161,174. It was last sold for £112,500 in June 2017, which was around 41% above the average June 2017 terraced price in the County Durham local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

8 THORPE ROAD Sold Prices

Land registry data shows two sales for 8 THORPE 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 8 THORPE 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
2017 9 JUN	£112,500	£79,969	41% above HPI
2003 31 JUL	£78,000	£50,067	56% above HPI

8 THORPE 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 8 THORPE ROAD sales from July 2003 and June 2017 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 July 2003 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the June 2017 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 8 THORPE ROAD be worth now?

8 THORPE ROAD might now be worth an estimated £161,174.

This is based on house price inflation of 43.3%, between June 2017 and April 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 43.3% inflationary increase is applied to the most recent sale price for 8 THORPE ROAD of £112,500 on 9th June 2017. For the value to have increased from £112,500 to £161,174 over the nine years and two months to April 2026, the following assumptions must hold true:

• The value of 8 THORPE ROAD has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The June 2017 sale price of £112,500 represented a fair market value for the property.
• The size, condition, and specification of 8 THORPE ROAD has not materially changed since June 2017.

How Large is 8 THORPE ROAD?

8 THORPE ROAD is 87m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of terraced houses houses in Easington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Easington, and where 8 THORPE ROAD lies on this distribution: 19% of terraced houses houses are smaller than 8 THORPE ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Easington.

8 THORPE ROAD: Plot and Title Map

8 THORPE ROAD sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of 8 THORPE 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 8 THORPE 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 8 THORPE ROAD?

8 THORPE ROAD is located in EASINGTON, in the SR8 postcode district. The below map shows the position of No. 8 on THORPE ROAD.