129, HATFIELD PLACE, PETERLEE, SR8 5TE - £40,000

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.

129 HATFIELD PLACE is a very small flat of 42m², built sometime between 1967 and 1975, which could now be worth an estimated £48,159. It was last sold for £40,000 in August 2019, which was around 37% below the average August 2019 flat price in the County Durham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was C.

129 HATFIELD PLACE Sold Prices

Land registry data shows one sale for 129 HATFIELD PLACE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2019 9 AUG	£40,000	£63,800	37% below HPI

What might 129 HATFIELD PLACE be worth now?

129 HATFIELD PLACE might now be worth an estimated £48,159.

This is based on house price inflation of 20.4%, between August 2019 and May 2026, for flats, 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 20.4% inflationary increase is applied to the most recent sale price for 129 HATFIELD PLACE of £40,000 on 9th August 2019. For the value to have increased from £40,000 to £48,159 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 129 HATFIELD PLACE has moved in line with the HPI for flats in the County Durham local authority area.
• The August 2019 sale price of £40,000 represented a fair market value for the property.
• The size, condition, and specification of 129 HATFIELD PLACE has not materially changed since August 2019.

How Large is 129 HATFIELD PLACE?

129 HATFIELD PLACE is 42m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of flats in Peterlee, based on EPC data. 12% of flats are smaller than 129 HATFIELD PLACE, and 82% of flats are larger. Note that EPC data is not available for all properties in Peterlee.

129 HATFIELD PLACE: Plot

129 HATFIELD PLACE sits on a plot of roughly 9.8 acres, or 39,642m².

Where is 129 HATFIELD PLACE?

129 HATFIELD PLACE is located in PETERLEE, in the SR8 postcode district.