50, 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.

50 SPRINGBANK is a midsized semi-detached house of 79m², built in 2015, which could now be worth an estimated £204,574. It was last sold for £139,950 in December 2015, which was around 48% above the average December 2015 semi-detached price in the County Durham local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was A.

50 SPRINGBANK Sold Prices

Land registry data shows one sale for 50 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 17 DEC	£139,950	£94,397	48% above HPI

What might 50 SPRINGBANK be worth now?

50 SPRINGBANK might now be worth an estimated £204,574.

This is based on house price inflation of 46.2%, between December 2015 and May 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 46.2% inflationary increase is applied to the most recent sale price for 50 SPRINGBANK of £139,950 on 17th December 2015. For the value to have increased from £139,950 to £204,574 over the eleven years and seven months to May 2026, the following assumptions must hold true:

• The value of 50 SPRINGBANK has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The December 2015 sale price of £139,950 represented a fair market value for the property.
• The size, condition, and specification of 50 SPRINGBANK has not materially changed since December 2015.

How Large is 50 SPRINGBANK?

50 SPRINGBANK is 79m² according to the EPC inspection conducted in December 2015. 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 50 SPRINGBANK lies on this distribution: 48% of semi-detached houses are smaller than 50 SPRINGBANK, and 49% of semi-detached houses are larger. Note that EPC data is not available for all properties in Peterlee.

50 SPRINGBANK: Plot

50 SPRINGBANK sits on a plot of roughly 0.061 of an acre, or 248m².

Where is 50 SPRINGBANK?

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