36, CUMBRIAN WAY, PETERLEE, SR8 5PT - £67,500

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.

36 CUMBRIAN WAY is a small extended terraced house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £75,112. It was last sold for £67,500 in July 2022, which was around 34% below the average July 2022 terraced price in the County Durham local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

36 CUMBRIAN WAY Sold Prices

Land registry data shows one sale for 36 CUMBRIAN WAY 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
2022 15 JUL	£67,500	£102,034	34% below HPI

What might 36 CUMBRIAN WAY be worth now?

36 CUMBRIAN WAY might now be worth an estimated £75,112.

This is based on house price inflation of 11.3%, between July 2022 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 11.3% inflationary increase is applied to the most recent sale price for 36 CUMBRIAN WAY of £67,500 on 15th July 2022. For the value to have increased from £67,500 to £75,112 over the four years and two months to May 2026, the following assumptions must hold true:

• The value of 36 CUMBRIAN WAY has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The July 2022 sale price of £67,500 represented a fair market value for the property.
• The size, condition, and specification of 36 CUMBRIAN WAY has not materially changed since July 2022.

How Large is 36 CUMBRIAN WAY?

36 CUMBRIAN WAY is 75m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of terraced houses in Peterlee, based on EPC data. The below chart shows the distribution of terraced houses by size in Peterlee, and where 36 CUMBRIAN WAY lies on this distribution: 26% of terraced houses are smaller than 36 CUMBRIAN WAY, and 73% of terraced houses are larger. Note that EPC data is not available for all properties in Peterlee.

36 CUMBRIAN WAY: Plot

36 CUMBRIAN WAY sits on a plot of roughly 0.035 of an acre, or 141m².

Where is 36 CUMBRIAN WAY?

36 CUMBRIAN WAY is located in PETERLEE, in the SR8 postcode district.