10, LANCASTER HILL, PETERLEE, SR8 2EQ - £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.

10 LANCASTER HILL is a midsized terraced house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £81,189. It was last sold for £70,000 in September 2021, which was around 28% below the average September 2021 terraced price in the County Durham local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

10 LANCASTER HILL Sold Prices

Land registry data shows one sale for 10 LANCASTER HILL since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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 10 SEP	£70,000	£97,892	28% below HPI

What might 10 LANCASTER HILL be worth now?

10 LANCASTER HILL might now be worth an estimated £81,189.

This is based on house price inflation of 16%, between September 2021 and May 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 16% inflationary increase is applied to the most recent sale price for 10 LANCASTER HILL of £70,000 on 10th September 2021. For the value to have increased from £70,000 to £81,189 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 10 LANCASTER HILL has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The September 2021 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LANCASTER HILL has not materially changed since September 2021.

How Large is 10 LANCASTER HILL?

10 LANCASTER HILL is 86m² according to the EPC inspection conducted in November 2022. This puts it in the largest 50% of terraced houses in Peterlee, based on EPC data. The below chart shows the distribution of terraced houses by size in Peterlee, and where 10 LANCASTER HILL lies on this distribution: 54% of terraced houses are smaller than 10 LANCASTER HILL, and 42% of terraced houses are larger. Note that EPC data is not available for all properties in Peterlee.

10 LANCASTER HILL: Plot

10 LANCASTER HILL sits on a plot of roughly 0.021 of an acre, or 87m².

Where is 10 LANCASTER HILL?

10 LANCASTER HILL is located in PETERLEE, in the SR8 postcode district.