7, BEVERLEY WAY, PETERLEE, SR8 2AT - £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.

7 BEVERLEY WAY is a very large semi-detached house of 99m², built sometime between 1950 and 1966, which could now be worth an estimated £70,086. It was last sold for £65,000 in January 2023, which was around 49% below the average January 2023 semi-detached price in the County Durham local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

7 BEVERLEY WAY Sold Prices

Land registry data shows one sale for 7 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
2023 25 JAN	£65,000	£127,972	49% below HPI

What might 7 BEVERLEY WAY be worth now?

7 BEVERLEY WAY might now be worth an estimated £70,086.

This is based on house price inflation of 7.8%, between January 2023 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 7.8% inflationary increase is applied to the most recent sale price for 7 BEVERLEY WAY of £65,000 on 25th January 2023. For the value to have increased from £65,000 to £70,086 over the two years and eight months to May 2026, the following assumptions must hold true:

• The value of 7 BEVERLEY WAY has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The January 2023 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BEVERLEY WAY has not materially changed since January 2023.

How Large is 7 BEVERLEY WAY?

7 BEVERLEY WAY is 99m² according to the EPC inspection conducted in November 2016. This puts it in the largest 20% 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 7 BEVERLEY WAY lies on this distribution: 89% of semi-detached houses are smaller than 7 BEVERLEY WAY, and 10% of semi-detached houses are larger. Note that EPC data is not available for all properties in Peterlee.

7 BEVERLEY WAY: Plot

7 BEVERLEY WAY sits on a plot of roughly 0.044 of an acre, or 178m².

Where is 7 BEVERLEY WAY?

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