1, CORNFIELD GARTH, PETERLEE, SR8 5TN - £195,000

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.

1 CORNFIELD GARTH is a small extended detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £223,962. It was last sold for £195,000 in September 2021, which was around 4% below the average September 2021 detached price in the County Durham local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

1 CORNFIELD GARTH Sold Prices

Land registry data shows one sale for 1 CORNFIELD GARTH since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the County Durham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 24 SEP	£195,000	£204,046	4% below HPI

What might 1 CORNFIELD GARTH be worth now?

1 CORNFIELD GARTH might now be worth an estimated £223,962.

This is based on house price inflation of 14.9%, between September 2021 and May 2026, for detached 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 14.9% inflationary increase is applied to the most recent sale price for 1 CORNFIELD GARTH of £195,000 on 24th September 2021. For the value to have increased from £195,000 to £223,962 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 1 CORNFIELD GARTH has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2021 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CORNFIELD GARTH has not materially changed since September 2021.

How Large is 1 CORNFIELD GARTH?

1 CORNFIELD GARTH is 94m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 1 CORNFIELD GARTH lies on this distribution: 38% of detached houses are smaller than 1 CORNFIELD GARTH, and 60% of detached houses are larger. Note that EPC data is not available for all properties in Peterlee.

1 CORNFIELD GARTH: Plot

1 CORNFIELD GARTH sits on a plot of roughly 0.102 of an acre, or 412m².

Where is 1 CORNFIELD GARTH?

1 CORNFIELD GARTH is located in PETERLEE, in the SR8 postcode district.