14, BRECON CLOSE, PETERLEE, SR8 2JX - £93,000

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.

14 BRECON CLOSE is a small detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £126,441. It was last sold for £93,000 in December 2017, which was around 46% below the average December 2017 detached price in the County Durham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

14 BRECON CLOSE Sold Prices

Land registry data shows four sales for 14 BRECON CLOSE 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. All of the four 14 BRECON CLOSE 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
2017 8 DEC	£93,000	£173,704	46% below HPI
2004 12 AUG	£78,000	£155,908	50% below HPI
2000 10 NOV	£43,500	£82,128	47% below HPI
1998 28 MAY	£34,500	£73,183	53% below HPI

14 BRECON 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 four 14 BRECON CLOSE sales between May 1998 and December 2017 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 August 2004 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2017 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 14 BRECON CLOSE be worth now?

14 BRECON CLOSE might now be worth an estimated £126,441.

This is based on house price inflation of 36%, between December 2017 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 36% inflationary increase is applied to the most recent sale price for 14 BRECON CLOSE of £93,000 on 8th December 2017. For the value to have increased from £93,000 to £126,441 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 14 BRECON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2017 sale price of £93,000 represented a fair market value for the property.
• The size, condition, and specification of 14 BRECON CLOSE has not materially changed since December 2017.

How Large is 14 BRECON CLOSE?

14 BRECON CLOSE is 92m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 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 14 BRECON CLOSE lies on this distribution: 35% of detached houses houses are smaller than 14 BRECON CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

14 BRECON CLOSE: Plot and Title Map

14 BRECON CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 14 BRECON 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 14 BRECON 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 14 BRECON CLOSE?

14 BRECON CLOSE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 14 on BRECON CLOSE.