12, EIGHTH STREET, PETERLEE, SR8 4LY - £58,500

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.

12 EIGHTH STREET is a small terraced house of 68m², built sometime between 1900 and 1929, which could now be worth an estimated £69,707. It was last sold for £58,500 in July 2008, which was around 39% below the average July 2008 terraced price in the County Durham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

12 EIGHTH STREET Sold Prices

Land registry data shows one sale for 12 EIGHTH STREET 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
2008 4 JUL	£58,500	£96,149	39% below HPI

What might 12 EIGHTH STREET be worth now?

12 EIGHTH STREET might now be worth an estimated £69,707.

This is based on house price inflation of 19.2%, between July 2008 and April 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 19.2% inflationary increase is applied to the most recent sale price for 12 EIGHTH STREET of £58,500 on 4th July 2008. For the value to have increased from £58,500 to £69,707 over the eighteen years and three months to April 2026, the following assumptions must hold true:

• The value of 12 EIGHTH STREET has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The July 2008 sale price of £58,500 represented a fair market value for the property.
• The size, condition, and specification of 12 EIGHTH STREET has not materially changed since July 2008.

How Large is 12 EIGHTH STREET?

12 EIGHTH STREET is 68m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of terraced houses in Horden, based on EPC data. The below chart shows the distribution of terraced houses by size in Horden, and where 12 EIGHTH STREET lies on this distribution: 21% of terraced houses are smaller than 12 EIGHTH STREET, and 78% of terraced houses are larger. Note that EPC data is not available for all properties in Horden.

12 EIGHTH STREET: Plot

12 EIGHTH STREET sits on a plot of roughly 0.020 of an acre, or 81m².

Where is 12 EIGHTH STREET?

12 EIGHTH STREET is located in PETERLEE, in the SR8 postcode district.