20, EIGHTH STREET, PETERLEE, SR8 4LY - £17,000

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.

20 EIGHTH STREET is a small terraced house of 70m², built sometime between 1900 and 1929, which could now be worth an estimated £18,883. It was last sold for £17,000 in October 2023, which was around 84% below the average October 2023 terraced price in the County Durham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was F, and the potential energy rating was B.

20 EIGHTH STREET Sold Prices

Land registry data shows six sales for 20 EIGHTH STREET since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the six 20 EIGHTH STREET sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 27 OCT	£17,000	£103,142	84% below HPI
2019 13 DEC	£30,000	£80,567	63% below HPI
2018 10 JUL	£17,000	£81,703	79% below HPI
2018 1 JUN	£17,600	£79,640	78% below HPI
2004 12 MAR	£24,000	£57,958	59% below HPI
2004 12 MAR	£33,000	£57,958	43% below HPI

What might 20 EIGHTH STREET be worth now?

20 EIGHTH STREET might now be worth an estimated £18,883.

This is based on house price inflation of 11.1%, between October 2023 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 11.1% inflationary increase is applied to the most recent sale price for 20 EIGHTH STREET of £17,000 on 27th October 2023. For the value to have increased from £17,000 to £18,883 over the three years and six months to April 2026, the following assumptions must hold true:

• The value of 20 EIGHTH STREET has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The October 2023 sale price of £17,000 represented a fair market value for the property.
• The size, condition, and specification of 20 EIGHTH STREET has not materially changed since October 2023.

How Large is 20 EIGHTH STREET?

20 EIGHTH STREET is 70m² according to the EPC inspection conducted in January 2018. 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 20 EIGHTH STREET lies on this distribution: 26% of terraced houses are smaller than 20 EIGHTH STREET, and 68% of terraced houses are larger. Note that EPC data is not available for all properties in Horden.

20 EIGHTH STREET: Plot

20 EIGHTH STREET sits on a plot of roughly 0.018 of an acre, or 74m².

Where is 20 EIGHTH STREET?

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