3, DORMAND DRIVE, PETERLEE, SR8 1EQ - £167,000

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.

3 DORMAND DRIVE is a very small detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £240,674. It was last sold for £167,000 in September 2014, which was around 3% above the average September 2014 detached price in the County Durham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

3 DORMAND DRIVE Sold Prices

Land registry data shows one sale for 3 DORMAND DRIVE 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
2014 26 SEP	£167,000	£162,613	3% above HPI

What might 3 DORMAND DRIVE be worth now?

3 DORMAND DRIVE might now be worth an estimated £240,674.

This is based on house price inflation of 44.1%, between September 2014 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 44.1% inflationary increase is applied to the most recent sale price for 3 DORMAND DRIVE of £167,000 on 26th September 2014. For the value to have increased from £167,000 to £240,674 over the twelve years and four months to May 2026, the following assumptions must hold true:

• The value of 3 DORMAND DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2014 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DORMAND DRIVE has not materially changed since September 2014.

How Large is 3 DORMAND DRIVE?

3 DORMAND DRIVE is 82m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 3 DORMAND DRIVE lies on this distribution: 19% of detached houses are smaller than 3 DORMAND DRIVE, and 80% of detached houses are larger. Note that EPC data is not available for all properties in Peterlee.

3 DORMAND DRIVE: Plot

3 DORMAND DRIVE sits on a plot of roughly 0.062 of an acre, or 250m².

Where is 3 DORMAND DRIVE?

3 DORMAND DRIVE is located in PETERLEE, in the SR8 postcode district.