FLAMBARDS, HALL WALK, PETERLEE, SR8 3BS - £480,000

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.

FLAMBARDS is a very large extended detached house of 254m², built sometime between 1976 and 1982, which could now be worth an estimated £527,518. It was last sold for £480,000 in August 2022, which was around 122% above the average August 2022 detached price in the County Durham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

FLAMBARDS Sold Prices

Land registry data shows one sale for FLAMBARDS 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
2022 17 AUG	£480,000	£216,656	122% above HPI

What might FLAMBARDS be worth now?

FLAMBARDS might now be worth an estimated £527,518.

This is based on house price inflation of 9.9%, between August 2022 and April 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 9.9% inflationary increase is applied to the most recent sale price for FLAMBARDS of £480,000 on 17th August 2022. For the value to have increased from £480,000 to £527,518 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of FLAMBARDS has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2022 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of FLAMBARDS has not materially changed since August 2022.

How Large is FLAMBARDS?

FLAMBARDS is 254m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 10% of detached houses in Easington, based on EPC data. The below chart shows the distribution of detached houses by size in Easington, and where FLAMBARDS lies on this distribution: 98% of detached houses are smaller than FLAMBARDS, and 2% of detached houses are larger. Note that EPC data is not available for all properties in Easington.

FLAMBARDS: Plot

FLAMBARDS sits on a plot of roughly 0.119 of an acre, or 480m².

Where is FLAMBARDS?

FLAMBARDS is located on HALL WALK in PETERLEE, in the SR8 postcode district.