15, ROSEMARY LANE, PETERLEE, SR8 3BQ - £85,000

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

15 ROSEMARY LANE is a small semi-detached house of 91m², built sometime between 1950 and 1966. It was last sold for £85,000 in June 2017, which was around 13% below the average June 2017 semi-detached price in the County Durham local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

15 ROSEMARY LANE Sold Prices

Land registry data shows two sales for 15 ROSEMARY LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. One of the two 15 ROSEMARY LANE sales was for below 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
2017 22 JUN	£85,000	£97,587	13% below HPI
2001 19 OCT	£47,500	£47,000	1% above HPI

15 ROSEMARY LANE 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 two 15 ROSEMARY LANE sales from October 2001 and June 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 October 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2017 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 15 ROSEMARY LANE be worth now?

15 ROSEMARY LANE might now be worth an estimated £117,978.

This is based on house price inflation of 38.8%, between June 2017 and December 2024, 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 38.8% inflationary increase is applied to the most recent sale price for 15 ROSEMARY LANE of £85,000 on 22nd June 2017. For the value to have increased from £85,000 to £117,978 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of 15 ROSEMARY LANE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The June 2017 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ROSEMARY LANE has not materially changed since June 2017.

How Large is 15 ROSEMARY LANE?

15 ROSEMARY LANE is 91m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% of semi-detached houses houses in Easington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Easington, and where 15 ROSEMARY LANE lies on this distribution: 25% of semi-detached houses houses are smaller than 15 ROSEMARY LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Easington.

15 ROSEMARY LANE: Plot and Title Map

15 ROSEMARY LANE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 15 ROSEMARY LANE, 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 ROSEMARY LANE). 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 ROSEMARY LANE?

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