7, CORNFIELD GARTH, PETERLEE, SR8 5TN - £195,000

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 CORNFIELD GARTH is a large extended detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £238,826. It was last sold for £195,000 in March 2021, which was around 2% above the average March 2021 detached price in the County Durham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

7 CORNFIELD GARTH Sold Prices

Land registry data shows one sale for 7 CORNFIELD GARTH since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2021 11 MAR	£195,000	£191,347	2% above HPI

What might 7 CORNFIELD GARTH be worth now?

7 CORNFIELD GARTH might now be worth an estimated £238,826.

This is based on house price inflation of 22.5%, between March 2021 and May 2026, for 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 22.5% inflationary increase is applied to the most recent sale price for 7 CORNFIELD GARTH of £195,000 on 11th March 2021. For the value to have increased from £195,000 to £238,826 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of 7 CORNFIELD GARTH has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2021 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CORNFIELD GARTH has not materially changed since March 2021.

How Large is 7 CORNFIELD GARTH?

7 CORNFIELD GARTH is 116m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 7 CORNFIELD GARTH lies on this distribution: 67% of detached houses are smaller than 7 CORNFIELD GARTH, and 32% of detached houses are larger. Note that EPC data is not available for all properties in Peterlee.

7 CORNFIELD GARTH: Plot

7 CORNFIELD GARTH sits on a plot of roughly 0.111 of an acre, or 449m².

Where is 7 CORNFIELD GARTH?

7 CORNFIELD GARTH is located in PETERLEE, in the SR8 postcode district.