11, QUINN CLOSE, PETERLEE, SR8 5UE - £155,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 QUINN CLOSE is a large extended detached house of 125m², built sometime between 1983 and 1990, which could now be worth an estimated £217,354. It was last sold for £155,000 in June 2009, which was around 8% below the average June 2009 detached price in the County Durham local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

11 QUINN CLOSE Sold Prices

Land registry data shows three sales for 11 QUINN CLOSE 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. Two of the three 11 QUINN CLOSE sales were for below the average price, whilst one was 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
2009 29 JUN	£155,000	£168,414	8% below HPI
2009 19 JAN	£110,000	£174,416	37% below HPI
1997 19 MAR	£76,000	£68,715	11% above HPI

11 QUINN CLOSE 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 11 QUINN CLOSE sales between March 1997 and June 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 2009 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2009 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 11 QUINN CLOSE be worth now?

11 QUINN CLOSE might now be worth an estimated £217,354.

This is based on house price inflation of 40.2%, between June 2009 and February 2025, 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 40.2% inflationary increase is applied to the most recent sale price for 11 QUINN CLOSE of £155,000 on 29th June 2009. For the value to have increased from £155,000 to £217,354 over the sixteen years and four months to February 2025, the following assumptions must hold true:

• The value of 11 QUINN CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2009 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 11 QUINN CLOSE has not materially changed since June 2009.

How Large is 11 QUINN CLOSE?

11 QUINN CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the largest 30% of detached houses houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses houses by size in Peterlee, and where 11 QUINN CLOSE lies on this distribution: 74% of detached houses houses are smaller than 11 QUINN CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

11 QUINN CLOSE: Plot and Title Map

11 QUINN CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 11 QUINN CLOSE, 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 11 QUINN CLOSE). 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 11 QUINN CLOSE?

11 QUINN CLOSE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 11 on QUINN CLOSE.