10, DORMAND DRIVE, PETERLEE, SR8 1EQ - £59,950

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.

10 DORMAND DRIVE is a detached house, which could now be worth an estimated £209,549. It was last sold for £59,950 in November 1995, which was around 11% below the average November 1995 detached price in the County Durham local authority area.

10 DORMAND DRIVE Sold Prices

Land registry data shows two sales for 10 DORMAND DRIVE 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. Both of the two 10 DORMAND DRIVE 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
1995 24 NOV	£59,950	£67,046	11% below HPI
1995 26 JAN	£66,500	£68,828	3% below HPI

What might 10 DORMAND DRIVE be worth now?

10 DORMAND DRIVE might now be worth an estimated £209,549.

This is based on house price inflation of 249.5%, between November 1995 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 249.5% inflationary increase is applied to the most recent sale price for 10 DORMAND DRIVE of £59,950 on 24th November 1995. For the value to have increased from £59,950 to £209,549 over the 31 years and six months to May 2026, the following assumptions must hold true:

• The value of 10 DORMAND DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 1995 sale price of £59,950 represented a fair market value for the property.
• The size, condition, and specification of 10 DORMAND DRIVE has not materially changed since November 1995.

Where is 10 DORMAND DRIVE?

10 DORMAND DRIVE is located in PETERLEE, in the SR8 postcode district.