24, DANESLY CLOSE, PETERLEE, SR8 5AG - £115,000

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.

24 DANESLY CLOSE is a very small terraced house of 70m², built in 2016, which could now be worth an estimated £159,679. It was last sold for £115,000 in August 2019, which was around 41% above the average August 2019 terraced price in the County Durham local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was A.

24 DANESLY CLOSE Sold Prices

Land registry data shows one sale for 24 DANESLY CLOSE 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
2019 27 AUG	£115,000	£81,771	41% above HPI

What might 24 DANESLY CLOSE be worth now?

24 DANESLY CLOSE might now be worth an estimated £159,679.

This is based on house price inflation of 38.9%, between August 2019 and May 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 38.9% inflationary increase is applied to the most recent sale price for 24 DANESLY CLOSE of £115,000 on 27th August 2019. For the value to have increased from £115,000 to £159,679 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 24 DANESLY CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The August 2019 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 24 DANESLY CLOSE has not materially changed since August 2019.

How Large is 24 DANESLY CLOSE?

24 DANESLY CLOSE is 70m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of terraced houses in Peterlee, based on EPC data. The below chart shows the distribution of terraced houses by size in Peterlee, and where 24 DANESLY CLOSE lies on this distribution: 14% of terraced houses are smaller than 24 DANESLY CLOSE, and 84% of terraced houses are larger. Note that EPC data is not available for all properties in Peterlee.

24 DANESLY CLOSE: Plot

24 DANESLY CLOSE sits on a plot of roughly 1.1 acres, or 4,433m².

Where is 24 DANESLY CLOSE?

24 DANESLY CLOSE is located in PETERLEE, in the SR8 postcode district.