128, BEVERLEY WAY, PETERLEE, SR8 2AY - £235,000

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

128 BEVERLEY WAY is a large extended detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £259,848. It was last sold for £235,000 in April 2024, which was around 11% above the average April 2024 detached price in the County Durham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

128 BEVERLEY WAY Sold Prices

Land registry data shows four sales for 128 BEVERLEY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. two of the four 128 BEVERLEY WAY sales were for above the average price, and four 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
2024 26 APR	£235,000	£212,149	11% above HPI
2016 7 OCT	£158,000	£169,026	7% below HPI
2007 7 DEC	£179,000	£198,631	10% below HPI
1997 11 SEP	£84,950	£74,108	15% above HPI

128 BEVERLEY WAY 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 four 128 BEVERLEY WAY sales between September 1997 and April 2024 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 October 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2024 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 128 BEVERLEY WAY be worth now?

128 BEVERLEY WAY might now be worth an estimated £259,848.

This is based on house price inflation of 10.6%, between April 2024 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 10.6% inflationary increase is applied to the most recent sale price for 128 BEVERLEY WAY of £235,000 on 26th April 2024. For the value to have increased from £235,000 to £259,848 over the four months to December 2024, the following assumptions must hold true:

• The value of 128 BEVERLEY WAY has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2024 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 128 BEVERLEY WAY has not materially changed since April 2024.

How Large is 128 BEVERLEY WAY?

128 BEVERLEY WAY is 120m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 40% 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 128 BEVERLEY WAY lies on this distribution: 69% of detached houses houses are smaller than 128 BEVERLEY WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

128 BEVERLEY WAY: Plot and Title Map

128 BEVERLEY WAY sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 128 BEVERLEY WAY, 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 128 BEVERLEY WAY). 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 128 BEVERLEY WAY?

128 BEVERLEY WAY is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 128 on BEVERLEY WAY.