16, HALLFIELD DRIVE, PETERLEE, SR8 3DB - £160,000

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 HALLFIELD DRIVE is a very large extended semi-detached house of 96m², built sometime between 1976 and 1982, which could now be worth an estimated £227,140. It was last sold for £160,000 in May 2018, which was around 65% above the average May 2018 semi-detached price in the County Durham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

16 HALLFIELD DRIVE Sold Prices

Land registry data shows one sale for 16 HALLFIELD DRIVE 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
2018 11 MAY	£160,000	£97,199	65% above HPI

What might 16 HALLFIELD DRIVE be worth now?

16 HALLFIELD DRIVE might now be worth an estimated £227,140.

This is based on house price inflation of 42%, between May 2018 and May 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 42% inflationary increase is applied to the most recent sale price for 16 HALLFIELD DRIVE of £160,000 on 11th May 2018. For the value to have increased from £160,000 to £227,140 over the eight years to May 2026, the following assumptions must hold true:

• The value of 16 HALLFIELD DRIVE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The May 2018 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HALLFIELD DRIVE has not materially changed since May 2018.

How Large is 16 HALLFIELD DRIVE?

16 HALLFIELD DRIVE is 96m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 20% of semi-detached houses in Easington, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Easington, and where 16 HALLFIELD DRIVE lies on this distribution: 83% of semi-detached houses are smaller than 16 HALLFIELD DRIVE, and 17% of semi-detached houses are larger. Note that EPC data is not available for all properties in Easington.

16 HALLFIELD DRIVE: Plot

16 HALLFIELD DRIVE sits on a plot of roughly 0.055 of an acre, or 224m².

Where is 16 HALLFIELD DRIVE?

16 HALLFIELD DRIVE is located in PETERLEE, in the SR8 postcode district.