17, LUMLEY DRIVE, PETERLEE, SR8 1NL - £330,000

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

17 LUMLEY DRIVE is a very large extended detached house of 251m², built sometime between 1983 and 1990, which could now be worth an estimated £443,541. It was last sold for £330,000 in August 2005, which was around 88% above the average August 2005 detached price in the County Durham local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

17 LUMLEY DRIVE Sold Prices

Land registry data shows three sales for 17 LUMLEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 17 LUMLEY DRIVE sales were 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
2005 19 AUG	£330,000	£175,709	88% above HPI
2004 5 MAR	£267,000	£131,803	103% above HPI
2003 11 DEC	£261,250	£128,686	103% above HPI

17 LUMLEY 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 three 17 LUMLEY DRIVE sales between December 2003 and August 2005 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 March 2004 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the August 2005 sale, where it falls to 88% above the HPI. The line then continues to track at 88% above the HPI.

What might 17 LUMLEY DRIVE be worth now?

17 LUMLEY DRIVE might now be worth an estimated £443,541.

This is based on house price inflation of 34.4%, between August 2005 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 34.4% inflationary increase is applied to the most recent sale price for 17 LUMLEY DRIVE of £330,000 on 19th August 2005. For the value to have increased from £330,000 to £443,541 over the twenty years and six months to February 2025, the following assumptions must hold true:

• The value of 17 LUMLEY DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2005 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 17 LUMLEY DRIVE has not materially changed since August 2005.

How Large is 17 LUMLEY DRIVE?

17 LUMLEY DRIVE is 251m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 10% 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 17 LUMLEY DRIVE lies on this distribution: 98% of detached houses houses are smaller than 17 LUMLEY DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

17 LUMLEY DRIVE: Plot and Title Map

17 LUMLEY DRIVE sits on a plot of roughly 0.345 of an acre, or 1,397m². The below map shows the location of 17 LUMLEY 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 17 LUMLEY 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 17 LUMLEY DRIVE?

17 LUMLEY DRIVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 17 on LUMLEY DRIVE.