10, SPRINGBANK, PETERLEE, SR8 1FA - £114,950

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 SPRINGBANK is a small semi-detached house of 69m², built in 2013, which could now be worth an estimated £176,085. It was last sold for £114,950 in March 2015, which was around 26% above the average March 2015 semi-detached price in the County Durham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was B, and the potential energy rating was A.

10 SPRINGBANK Sold Prices

Land registry data shows one sale for 10 SPRINGBANK since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2015 31 MAR	£114,950	£91,151	26% above HPI

What might 10 SPRINGBANK be worth now?

10 SPRINGBANK might now be worth an estimated £176,085.

This is based on house price inflation of 53.2%, between March 2015 and April 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 53.2% inflationary increase is applied to the most recent sale price for 10 SPRINGBANK of £114,950 on 31st March 2015. For the value to have increased from £114,950 to £176,085 over the ten years and eleven months to April 2026, the following assumptions must hold true:

• The value of 10 SPRINGBANK has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The March 2015 sale price of £114,950 represented a fair market value for the property.
• The size, condition, and specification of 10 SPRINGBANK has not materially changed since March 2015.

How Large is 10 SPRINGBANK?

10 SPRINGBANK is 69m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of semi-detached houses in Peterlee, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Peterlee, and where 10 SPRINGBANK lies on this distribution: 25% of semi-detached houses are smaller than 10 SPRINGBANK, and 73% of semi-detached houses are larger. Note that EPC data is not available for all properties in Peterlee.

10 SPRINGBANK: Plot

10 SPRINGBANK sits on a plot of roughly 0.029 of an acre, or 117m².

Where is 10 SPRINGBANK?

10 SPRINGBANK is located in PETERLEE, in the SR8 postcode district.