11, LORIMERS CLOSE, PETERLEE, SR8 2NH - £103,000

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.

11 LORIMERS CLOSE is a detached house, which could now be worth an estimated £356,589. It was last sold for £103,000 in February 1995, which was around 52% above the average February 1995 detached price in the County Durham local authority area.

11 LORIMERS CLOSE Sold Prices

Land registry data shows one sale for 11 LORIMERS CLOSE 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
1995 23 FEB	£103,000	£67,692	52% above HPI

What might 11 LORIMERS CLOSE be worth now?

11 LORIMERS CLOSE might now be worth an estimated £356,589.

This is based on house price inflation of 246.2%, between February 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 246.2% inflationary increase is applied to the most recent sale price for 11 LORIMERS CLOSE of £103,000 on 23rd February 1995. For the value to have increased from £103,000 to £356,589 over the 30 years and nine months to May 2026, the following assumptions must hold true:

• The value of 11 LORIMERS CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 1995 sale price of £103,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LORIMERS CLOSE has not materially changed since February 1995.

Where is 11 LORIMERS CLOSE?

11 LORIMERS CLOSE is located in PETERLEE, in the SR8 postcode district.