3, HERTON CLOSE, PETERLEE, SR8 2AL - £74,000

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 HERTON CLOSE is a midsized semi-detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £81,488. It was last sold for £74,000 in February 2023, which was around 41% below the average February 2023 semi-detached price in the County Durham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

3 HERTON CLOSE Sold Prices

Land registry data shows one sale for 3 HERTON CLOSE 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
2023 3 FEB	£74,000	£125,306	41% below HPI

What might 3 HERTON CLOSE be worth now?

3 HERTON CLOSE might now be worth an estimated £81,488.

This is based on house price inflation of 10.1%, between February 2023 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 10.1% inflationary increase is applied to the most recent sale price for 3 HERTON CLOSE of £74,000 on 3rd February 2023. For the value to have increased from £74,000 to £81,488 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 3 HERTON CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The February 2023 sale price of £74,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HERTON CLOSE has not materially changed since February 2023.

How Large is 3 HERTON CLOSE?

3 HERTON CLOSE is 84m² according to the EPC inspection conducted in October 2013. This puts it in the largest 40% of semi-detached houses in Peterlee, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Peterlee, and where 3 HERTON CLOSE lies on this distribution: 60% of semi-detached houses are smaller than 3 HERTON CLOSE, and 38% of semi-detached houses are larger. Note that EPC data is not available for all properties in Peterlee.

3 HERTON CLOSE: Plot

3 HERTON CLOSE sits on a plot of roughly 0.033 of an acre, or 135m².

Where is 3 HERTON CLOSE?

3 HERTON CLOSE is located in PETERLEE, in the SR8 postcode district.