19, LORIMERS CLOSE, PETERLEE, SR8 2NH - £210,000

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.

19 LORIMERS CLOSE is a very large detached house of 144m², built sometime between 1967 and 1975, which could now be worth an estimated £282,649. It was last sold for £210,000 in November 2017, which was around 21% above the average November 2017 detached price in the County Durham local authority area. The most recent EPC inspection was December 2016, where the current energy rating was E, and the potential energy rating was C.

19 LORIMERS CLOSE Sold Prices

Land registry data shows one sale for 19 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
2017 8 NOV	£210,000	£174,117	21% above HPI

What might 19 LORIMERS CLOSE be worth now?

19 LORIMERS CLOSE might now be worth an estimated £282,649.

This is based on house price inflation of 34.6%, between November 2017 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 34.6% inflationary increase is applied to the most recent sale price for 19 LORIMERS CLOSE of £210,000 on 8th November 2017. For the value to have increased from £210,000 to £282,649 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 19 LORIMERS CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2017 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 19 LORIMERS CLOSE has not materially changed since November 2017.

How Large is 19 LORIMERS CLOSE?

19 LORIMERS CLOSE is 144m² according to the EPC inspection conducted in December 2016. This puts it in the largest 20% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 19 LORIMERS CLOSE lies on this distribution: 84% of detached houses are smaller than 19 LORIMERS CLOSE, and 15% of detached houses are larger. Note that EPC data is not available for all properties in Peterlee.

19 LORIMERS CLOSE: Plot

19 LORIMERS CLOSE sits on a plot of roughly 0.175 of an acre, or 707m².

Where is 19 LORIMERS CLOSE?

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