15, BALMORAL DRIVE, PETERLEE, SR8 1QP - £160,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 BALMORAL DRIVE is a midsized detached house of 99m², built sometime between 1996 and 2002. It was last sold for £160,000 in February 2012, which was about the average February 2012 detached price in the County Durham local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

15 BALMORAL DRIVE Sold Prices

Land registry data shows two sales for 15 BALMORAL DRIVE 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. One of the two 15 BALMORAL DRIVE sales was roughly equal to the average price, whilst the other 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
2012 10 FEB	£160,000	£159,548	Close to HPI
2001 5 OCT	£90,950	£87,030	5% above HPI

15 BALMORAL DRIVE 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 15 BALMORAL DRIVE sales from October 2001 and February 2012 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 2001 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2012 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 15 BALMORAL DRIVE?

15 BALMORAL DRIVE is 99m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 50% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 15 BALMORAL DRIVE lies on this distribution: 45% of detached houses are smaller than 15 BALMORAL DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

15 BALMORAL DRIVE: Plot and Title Map

15 BALMORAL DRIVE sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 15 BALMORAL DRIVE, 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 15 BALMORAL DRIVE). 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 15 BALMORAL DRIVE?

15 BALMORAL DRIVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 15 on BALMORAL DRIVE.