5, DORMAND DRIVE, PETERLEE, SR8 1EQ - £65,000

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.

5 DORMAND DRIVE is a detached house, which could now be worth an estimated £209,085. It was last sold for £65,000 in October 1997, which was around 11% below the average October 1997 detached price in the County Durham local authority area.

5 DORMAND DRIVE Sold Prices

Land registry data shows one sale for 5 DORMAND DRIVE 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 24 OCT	£65,000	£72,855	11% below HPI

What might 5 DORMAND DRIVE be worth now?

5 DORMAND DRIVE might now be worth an estimated £209,085.

This is based on house price inflation of 221.7%, between October 1997 and May 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 221.7% inflationary increase is applied to the most recent sale price for 5 DORMAND DRIVE of £65,000 on 24th October 1997. For the value to have increased from £65,000 to £209,085 over the 29 years and five months to May 2026, the following assumptions must hold true:

• The value of 5 DORMAND DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 1997 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DORMAND DRIVE has not materially changed since October 1997.

Where is 5 DORMAND DRIVE?

5 DORMAND DRIVE is located in PETERLEE, in the SR8 postcode district.