1, THORPE ROAD, EASINGTON, PETERLEE, SR8 3UA - £70,000

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 THORPE ROAD is a extended semi-detached house, built sometime between 1900 and 1929, which could now be worth an estimated £103,999. It was last sold for £70,000 in February 2019, which was around 26% below the average February 2019 semi-detached price in the County Durham local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

1 THORPE ROAD Sold Prices

Land registry data shows two sales for 1 THORPE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. One of the two 1 THORPE ROAD sales was for below the average price, whilst the other was 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 FEB	£70,000	£95,062	26% below HPI
1996 9 JUL	£43,500	£38,900	12% above HPI

1 THORPE ROAD 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 1 THORPE ROAD sales from July 1996 and February 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 July 1996 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 THORPE ROAD be worth now?

1 THORPE ROAD might now be worth an estimated £103,999.

This is based on house price inflation of 48.6%, between February 2019 and July 2026, for semi-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 48.6% inflationary increase is applied to the most recent sale price for 1 THORPE ROAD of £70,000 on 8th February 2019. For the value to have increased from £70,000 to £103,999 over the six years and seven months to July 2026, the following assumptions must hold true:

• The value of 1 THORPE ROAD has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The February 2019 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THORPE ROAD has not materially changed since February 2019.

1 THORPE ROAD: Plot and Title Map

1 THORPE ROAD sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 1 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 1 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 1 THORPE ROAD?

1 THORPE ROAD is located in EASINGTON, in the SR8 postcode district. The below map shows the position of No. 1 on THORPE ROAD.