12, LEVEN WALK, PETERLEE, SR8 1HF - £60,050

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

12 LEVEN WALK is a small extended detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £75,371. It was last sold for £60,050 in February 2007, which was around 68% below the average February 2007 detached price in the County Durham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

12 LEVEN WALK Sold Prices

Land registry data shows two sales for 12 LEVEN WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 12 LEVEN WALK sales 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
2007 16 FEB	£60,050	£186,896	68% below HPI
2005 18 NOV	£55,000	£178,881	69% below HPI

12 LEVEN WALK 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 two 12 LEVEN WALK sales from November 2005 and February 2007 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 November 2005 sale was for 69% below the HPI. So the extrapolation line tracks at 69% below the HPI over time, until the February 2007 sale, where it rises to 68% below the HPI. The line then continues to track at 68% below the HPI.

What might 12 LEVEN WALK be worth now?

12 LEVEN WALK might now be worth an estimated £75,371.

This is based on house price inflation of 25.5%, between February 2007 and December 2024, 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 25.5% inflationary increase is applied to the most recent sale price for 12 LEVEN WALK of £60,050 on 16th February 2007. For the value to have increased from £60,050 to £75,371 over the sixteen years and two months to December 2024, the following assumptions must hold true:

• The value of 12 LEVEN WALK has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2007 sale price of £60,050 represented a fair market value for the property.
• The size, condition, and specification of 12 LEVEN WALK has not materially changed since February 2007.

How Large is 12 LEVEN WALK?

12 LEVEN WALK is 86m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 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 12 LEVEN WALK lies on this distribution: 24% of detached houses houses are smaller than 12 LEVEN WALK, and 74% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

12 LEVEN WALK: Plot and Title Map

12 LEVEN WALK sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 12 LEVEN WALK, 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 12 LEVEN WALK). 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 12 LEVEN WALK?

12 LEVEN WALK is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 12 on LEVEN WALK.