1, THE VILLAGE, OLD SHOTTON, PETERLEE, SR8 2NA - £237,000

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 THE VILLAGE is a midsized extended semi-detached house of 106m², built sometime before 1900, which could now be worth an estimated £351,031. It was last sold for £237,000 in July 2013, which was around 150% above the average July 2013 semi-detached price in the County Durham local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

1 THE VILLAGE Sold Prices

Land registry data shows three sales for 1 THE VILLAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the three 1 THE VILLAGE 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
2013 30 JUL	£237,000	£94,760	150% above HPI
2007 11 MAY	£225,000	£111,526	102% above HPI
1995 9 OCT	£115,000	£36,777	213% above HPI

1 THE VILLAGE 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 three 1 THE VILLAGE sales between October 1995 and July 2013 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 May 2007 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the July 2013 sale, where it rises to 150% above the HPI. The line then continues to track at 150% above the HPI.

What might 1 THE VILLAGE be worth now?

1 THE VILLAGE might now be worth an estimated £351,031.

This is based on house price inflation of 48.1%, between July 2013 and July 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 48.1% inflationary increase is applied to the most recent sale price for 1 THE VILLAGE of £237,000 on 30th July 2013. For the value to have increased from £237,000 to £351,031 over the twelve years to July 2025, the following assumptions must hold true:

• The value of 1 THE VILLAGE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The July 2013 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE VILLAGE has not materially changed since July 2013.

How Large is 1 THE VILLAGE?

1 THE VILLAGE is 106m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 50% 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 THE VILLAGE lies on this distribution: 54% of semi-detached houses houses are smaller than 1 THE VILLAGE, and 45% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

1 THE VILLAGE: Plot and Title Map

1 THE VILLAGE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 1 THE VILLAGE, 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 THE VILLAGE). 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 THE VILLAGE?

1 THE VILLAGE is located in OLD SHOTTON, in the SR8 postcode district. The below map shows the position of No. 1 on THE VILLAGE.