1, BLANCH GROVE, PETERLEE, SR8 5UA - £137,000

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.

1 BLANCH GROVE is a very small semi-detached house of 65m², built sometime between 1991 and 1995, which could now be worth an estimated £186,385. It was last sold for £137,000 in August 2018, which was around 37% above the average August 2018 semi-detached price in the County Durham local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

1 BLANCH GROVE Sold Prices

Land registry data shows four sales for 1 BLANCH GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the four 1 BLANCH GROVE sales were for above 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
2018 20 AUG	£137,000	£100,083	37% above HPI
2013 4 JUL	£122,000	£94,760	29% above HPI
2002 20 SEP	£73,000	£52,526	39% above HPI
1997 21 FEB	£53,500	£37,621	42% above HPI

1 BLANCH GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The four 1 BLANCH GROVE sales between February 1997 and August 2018 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 July 2013 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the August 2018 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 1 BLANCH GROVE be worth now?

1 BLANCH GROVE might now be worth an estimated £186,385.

This is based on house price inflation of 36%, between August 2018 and February 2025, 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 36% inflationary increase is applied to the most recent sale price for 1 BLANCH GROVE of £137,000 on 20th August 2018. For the value to have increased from £137,000 to £186,385 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 1 BLANCH GROVE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The August 2018 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BLANCH GROVE has not materially changed since August 2018.

How Large is 1 BLANCH GROVE?

1 BLANCH GROVE is 65m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of semi-detached houses houses in Peterlee, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Peterlee, and where 1 BLANCH GROVE lies on this distribution: 2% of semi-detached houses houses are smaller than 1 BLANCH GROVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

1 BLANCH GROVE: Plot and Title Map

1 BLANCH GROVE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 1 BLANCH GROVE, 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 1 BLANCH GROVE). 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 1 BLANCH GROVE?

1 BLANCH GROVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 1 on BLANCH GROVE.