18, DORMAND DRIVE, PETERLEE, SR8 1EQ - £169,995

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

18 DORMAND DRIVE is a very small detached house of 78m², built sometime between 1991 and 1995, which could now be worth an estimated £229,572. It was last sold for £169,995 in December 2017, which was around 2% 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.

18 DORMAND DRIVE Sold Prices

Land registry data shows two sales for 18 DORMAND 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. Both of the two 18 DORMAND DRIVE 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 7 DEC	£169,995	£173,704	2% below HPI
1997 23 APR	£54,000	£68,796	22% below HPI

18 DORMAND 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 18 DORMAND DRIVE sales from April 1997 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 April 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2017 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 18 DORMAND DRIVE be worth now?

18 DORMAND DRIVE might now be worth an estimated £229,572.

This is based on house price inflation of 35%, between December 2017 and December 2024, 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 35% inflationary increase is applied to the most recent sale price for 18 DORMAND DRIVE of £169,995 on 7th December 2017. For the value to have increased from £169,995 to £229,572 over the seven years to December 2024, the following assumptions must hold true:

• The value of 18 DORMAND DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2017 sale price of £169,995 represented a fair market value for the property.
• The size, condition, and specification of 18 DORMAND DRIVE has not materially changed since December 2017.

How Large is 18 DORMAND DRIVE?

18 DORMAND DRIVE is 78m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% 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 18 DORMAND DRIVE lies on this distribution: 13% of detached houses houses are smaller than 18 DORMAND DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

18 DORMAND DRIVE: Plot and Title Map

18 DORMAND DRIVE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 18 DORMAND 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 18 DORMAND 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 18 DORMAND DRIVE?

18 DORMAND DRIVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 18 on DORMAND DRIVE.