54, SPRINGBANK, PETERLEE, SR8 1FA - £119,950

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.

54 SPRINGBANK is a midsized terraced house of 85m², built in 2016, which could now be worth an estimated £174,733. It was last sold for £119,950 in September 2015, which was around 53% above the average September 2015 terraced price in the County Durham local authority area. The most recent EPC inspection was April 2021, where the current energy rating was B, and the potential energy rating was A.

54 SPRINGBANK Sold Prices

Land registry data shows one sale for 54 SPRINGBANK 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
2015 29 SEP	£119,950	£78,648	53% above HPI

What might 54 SPRINGBANK be worth now?

54 SPRINGBANK might now be worth an estimated £174,733.

This is based on house price inflation of 45.7%, between September 2015 and April 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 45.7% inflationary increase is applied to the most recent sale price for 54 SPRINGBANK of £119,950 on 29th September 2015. For the value to have increased from £119,950 to £174,733 over the eleven years and five months to April 2026, the following assumptions must hold true:

• The value of 54 SPRINGBANK has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The September 2015 sale price of £119,950 represented a fair market value for the property.
• The size, condition, and specification of 54 SPRINGBANK has not materially changed since September 2015.

How Large is 54 SPRINGBANK?

54 SPRINGBANK is 85m² according to the EPC inspection conducted in April 2021. This puts it in the largest 50% of terraced houses in Peterlee, based on EPC data. The below chart shows the distribution of terraced houses by size in Peterlee, and where 54 SPRINGBANK lies on this distribution: 50% of terraced houses are smaller than 54 SPRINGBANK, and 46% of terraced houses are larger. Note that EPC data is not available for all properties in Peterlee.

54 SPRINGBANK: Plot

54 SPRINGBANK sits on a plot of roughly 0.025 of an acre, or 103m².

Where is 54 SPRINGBANK?

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