52, SPRINGBANK, PETERLEE, SR8 1FA - £83,750

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.

52 SPRINGBANK is a very small semi-detached house of 51m², built in 2015, which could now be worth an estimated £100,071. It was last sold for £83,750 in February 2022, which was around 28% below the average February 2022 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.

52 SPRINGBANK Sold Prices

Land registry data shows one sale for 52 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
2022 18 FEB	£83,750	£116,856	28% below HPI

What might 52 SPRINGBANK be worth now?

52 SPRINGBANK might now be worth an estimated £100,071.

This is based on house price inflation of 19.5%, between February 2022 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 19.5% inflationary increase is applied to the most recent sale price for 52 SPRINGBANK of £83,750 on 18th February 2022. For the value to have increased from £83,750 to £100,071 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 52 SPRINGBANK has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The February 2022 sale price of £83,750 represented a fair market value for the property.
• The size, condition, and specification of 52 SPRINGBANK has not materially changed since February 2022.

How Large is 52 SPRINGBANK?

52 SPRINGBANK is 51m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% 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 52 SPRINGBANK lies on this distribution: 2% of semi-detached houses are smaller than 52 SPRINGBANK, and 98% of semi-detached houses are larger. Note that EPC data is not available for all properties in Peterlee.

52 SPRINGBANK: Plot

52 SPRINGBANK sits on a plot of roughly 0.036 of an acre, or 147m².

Where is 52 SPRINGBANK?

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