4, SPRINGBANK, PETERLEE, SR8 1FA - £139,950

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.

4 SPRINGBANK is a midsized semi-detached house of 79m², built in 2015, which could now be worth an estimated £211,022. It was last sold for £139,950 in April 2015, which was around 51% above the average April 2015 semi-detached price in the County Durham local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was A.

4 SPRINGBANK Sold Prices

Land registry data shows one sale for 4 SPRINGBANK 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
2015 28 APR	£139,950	£92,602	51% above HPI

What might 4 SPRINGBANK be worth now?

4 SPRINGBANK might now be worth an estimated £211,022.

This is based on house price inflation of 50.8%, between April 2015 and April 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 50.8% inflationary increase is applied to the most recent sale price for 4 SPRINGBANK of £139,950 on 28th April 2015. For the value to have increased from £139,950 to £211,022 over the eleven years to April 2026, the following assumptions must hold true:

• The value of 4 SPRINGBANK has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The April 2015 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of 4 SPRINGBANK has not materially changed since April 2015.

How Large is 4 SPRINGBANK?

4 SPRINGBANK is 79m² according to the EPC inspection conducted in December 2019. This puts it in the largest 50% 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 4 SPRINGBANK lies on this distribution: 47% of semi-detached houses are smaller than 4 SPRINGBANK, and 50% of semi-detached houses are larger. Note that EPC data is not available for all properties in Peterlee.

4 SPRINGBANK: Plot

4 SPRINGBANK sits on a plot of roughly 0.040 of an acre, or 163m².

Where is 4 SPRINGBANK?

4 SPRINGBANK is located in PETERLEE, in the SR8 postcode district.