16, EIGHTH STREET, PETERLEE, SR8 4LY - £22,000

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.

16 EIGHTH STREET is a small terraced house of 72m², built sometime between 1900 and 1929, which could now be worth an estimated £31,206. It was last sold for £22,000 in September 2016, which was around 73% below the average September 2016 terraced price in the County Durham local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

16 EIGHTH STREET Sold Prices

Land registry data shows one sale for 16 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
2016 5 SEP	£22,000	£80,770	73% below HPI

What might 16 EIGHTH STREET be worth now?

16 EIGHTH STREET might now be worth an estimated £31,206.

This is based on house price inflation of 41.8%, between September 2016 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 41.8% inflationary increase is applied to the most recent sale price for 16 EIGHTH STREET of £22,000 on 5th September 2016. For the value to have increased from £22,000 to £31,206 over the ten years and five months to April 2026, the following assumptions must hold true:

• The value of 16 EIGHTH STREET has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The September 2016 sale price of £22,000 represented a fair market value for the property.
• The size, condition, and specification of 16 EIGHTH STREET has not materially changed since September 2016.

How Large is 16 EIGHTH STREET?

16 EIGHTH STREET is 72m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% of terraced houses in Horden, based on EPC data. The below chart shows the distribution of terraced houses by size in Horden, and where 16 EIGHTH STREET lies on this distribution: 38% of terraced houses are smaller than 16 EIGHTH STREET, and 56% of terraced houses are larger. Note that EPC data is not available for all properties in Horden.

16 EIGHTH STREET: Plot

16 EIGHTH STREET sits on a plot of roughly 0.019 of an acre, or 78m².

Where is 16 EIGHTH STREET?

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