14, MIDDLEFIELD, PELTON, CHESTER LE STREET, DH2 1DP - £75,500

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 MIDDLEFIELD is a very small semi-detached house of 58m², built sometime between 2003 and 2006, which could now be worth an estimated £109,061. It was last sold for £75,500 in May 2016, which was around 20% below the average May 2016 semi-detached price in the County Durham local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

14 MIDDLEFIELD Sold Prices

Land registry data shows three sales for 14 MIDDLEFIELD 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 14 MIDDLEFIELD 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
2016 27 MAY	£75,500	£94,260	20% below HPI
2012 11 DEC	£65,000	£95,535	32% below HPI
2005 2 SEP	£92,995	£103,545	10% below HPI

14 MIDDLEFIELD 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 14 MIDDLEFIELD sales between September 2005 and May 2016 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 December 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 14 MIDDLEFIELD be worth now?

14 MIDDLEFIELD might now be worth an estimated £109,061.

This is based on house price inflation of 44.5%, between May 2016 and February 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 44.5% inflationary increase is applied to the most recent sale price for 14 MIDDLEFIELD of £75,500 on 27th May 2016. For the value to have increased from £75,500 to £109,061 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 14 MIDDLEFIELD has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The May 2016 sale price of £75,500 represented a fair market value for the property.
• The size, condition, and specification of 14 MIDDLEFIELD has not materially changed since May 2016.

How Large is 14 MIDDLEFIELD?

14 MIDDLEFIELD is 58m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of semi-detached houses houses in Pelton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Pelton, and where 14 MIDDLEFIELD lies on this distribution: 4% of semi-detached houses houses are smaller than 14 MIDDLEFIELD, and 96% of houses are larger. Note that EPC data is not available for all properties in Pelton.

14 MIDDLEFIELD: Plot and Title Map

14 MIDDLEFIELD sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 14 MIDDLEFIELD, 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 MIDDLEFIELD). 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 MIDDLEFIELD?

14 MIDDLEFIELD is located in PELTON, in the DH2 postcode district. The below map shows the position of No. 14 on MIDDLEFIELD.