55, BEVERLEY WAY, PETERLEE, SR8 2AY - £56,000

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.

55 BEVERLEY WAY is a large extended semi-detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £75,453. It was last sold for £56,000 in September 2018, which was around 45% below the average September 2018 semi-detached price in the County Durham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

55 BEVERLEY WAY Sold Prices

Land registry data shows one sale for 55 BEVERLEY WAY 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
2018 20 SEP	£56,000	£102,411	45% below HPI

What might 55 BEVERLEY WAY be worth now?

55 BEVERLEY WAY might now be worth an estimated £75,453.

This is based on house price inflation of 34.7%, between September 2018 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 34.7% inflationary increase is applied to the most recent sale price for 55 BEVERLEY WAY of £56,000 on 20th September 2018. For the value to have increased from £56,000 to £75,453 over the eight years and four months to May 2026, the following assumptions must hold true:

• The value of 55 BEVERLEY WAY has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The September 2018 sale price of £56,000 represented a fair market value for the property.
• The size, condition, and specification of 55 BEVERLEY WAY has not materially changed since September 2018.

How Large is 55 BEVERLEY WAY?

55 BEVERLEY WAY is 89m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 30% 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 55 BEVERLEY WAY lies on this distribution: 74% of semi-detached houses are smaller than 55 BEVERLEY WAY, and 24% of semi-detached houses are larger. Note that EPC data is not available for all properties in Peterlee.

55 BEVERLEY WAY: Plot

55 BEVERLEY WAY sits on a plot of roughly 0.057 of an acre, or 230m².

Where is 55 BEVERLEY WAY?

55 BEVERLEY WAY is located in PETERLEE, in the SR8 postcode district.