3, MITCHELL CLOSE, PETERLEE, SR8 2QA - £59,000

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 MITCHELL CLOSE is a very small extended detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £189,563. It was last sold for £59,000 in September 1997, which was around 20% below the average September 1997 detached price in the County Durham local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

3 MITCHELL CLOSE Sold Prices

Land registry data shows one sale for 3 MITCHELL 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
1997 5 SEP	£59,000	£74,108	20% below HPI

What might 3 MITCHELL CLOSE be worth now?

3 MITCHELL CLOSE might now be worth an estimated £189,563.

This is based on house price inflation of 221.3%, between September 1997 and April 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 221.3% inflationary increase is applied to the most recent sale price for 3 MITCHELL CLOSE of £59,000 on 5th September 1997. For the value to have increased from £59,000 to £189,563 over the 29 years and five months to April 2026, the following assumptions must hold true:

• The value of 3 MITCHELL CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 1997 sale price of £59,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MITCHELL CLOSE has not materially changed since September 1997.

How Large is 3 MITCHELL CLOSE?

3 MITCHELL CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% 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 MITCHELL CLOSE lies on this distribution: 5% of detached houses are smaller than 3 MITCHELL CLOSE, and 94% of detached houses are larger. Note that EPC data is not available for all properties in Peterlee.

3 MITCHELL CLOSE: Plot

3 MITCHELL CLOSE sits on a plot of roughly 0.214 of an acre, or 865m².

Where is 3 MITCHELL CLOSE?

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