THE BARN, THE GREEN, PETERLEE, SR8 3BG - £250,000

THE BARN is a midsized detached house of 103m², built sometime between 1996 and 2002. It was last sold for £250,000 in August 2009, which was around 50% above the average August 2009 detached price in the County Durham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

THE BARN Sold Prices

Land registry data shows three sales for THE BARN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. One of the three THE BARN sales was for above the average price, whilst two were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 20 AUG	£250,000	£166,839	50% above HPI
2007 19 JAN	£180,000	£182,628	1% below HPI
2003 18 JUL	£107,000	£114,931	7% below HPI

THE BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The three THE BARN sales between July 2003 and August 2009 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2009 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is THE BARN?

THE BARN is 103m² according to the EPC inspection conducted in September 2023. This puts it in the largest 50% of detached houses in Easington, based on EPC data. The below chart shows the distribution of detached houses by size in Easington, and where THE BARN lies on this distribution: 52% of detached houses are smaller than THE BARN, and 47% of houses are larger. Note that EPC data is not available for all properties in Easington.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of THE BARN, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE BARN). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE BARN?

THE BARN is located on THE GREEN in PETERLEE, in the SR8 postcode district. The below map shows the position of THE BARN on THE GREEN.