35, SKERNE CLOSE, PETERLEE, SR8 1HT - £50,000

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.

35 SKERNE CLOSE is a midsized extended terraced house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £71,829. It was last sold for £50,000 in June 2015, which was around 37% below the average June 2015 terraced price in the County Durham local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

35 SKERNE CLOSE Sold Prices

Land registry data shows one sale for 35 SKERNE 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
2015 11 JUN	£50,000	£79,035	37% below HPI

What might 35 SKERNE CLOSE be worth now?

35 SKERNE CLOSE might now be worth an estimated £71,829.

This is based on house price inflation of 43.7%, between June 2015 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 43.7% inflationary increase is applied to the most recent sale price for 35 SKERNE CLOSE of £50,000 on 11th June 2015. For the value to have increased from £50,000 to £71,829 over the eleven years and one month to May 2026, the following assumptions must hold true:

• The value of 35 SKERNE CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The June 2015 sale price of £50,000 represented a fair market value for the property.
• The size, condition, and specification of 35 SKERNE CLOSE has not materially changed since June 2015.

How Large is 35 SKERNE CLOSE?

35 SKERNE CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the largest 50% of terraced houses in Peterlee, based on EPC data. The below chart shows the distribution of terraced houses by size in Peterlee, and where 35 SKERNE CLOSE lies on this distribution: 47% of terraced houses are smaller than 35 SKERNE CLOSE, and 50% of terraced houses are larger. Note that EPC data is not available for all properties in Peterlee.

35 SKERNE CLOSE: Plot

35 SKERNE CLOSE sits on a plot of roughly 0.023 of an acre, or 95m².

Where is 35 SKERNE CLOSE?

35 SKERNE CLOSE is located in PETERLEE, in the SR8 postcode district.