18, ELM TREE GARDENS, PETERLEE, SR8 5SD - £115,500

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 ELM TREE GARDENS is a very small extended semi-detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £130,584. It was last sold for £115,500 in October 2021, which was around 4% below the average October 2021 semi-detached price in the County Durham local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

18 ELM TREE GARDENS Sold Prices

Land registry data shows two sales for 18 ELM TREE GARDENS 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 18 ELM TREE GARDENS 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
2021 1 OCT	£115,500	£119,802	4% below HPI
2002 31 OCT	£66,500	£53,620	24% above HPI

18 ELM TREE GARDENS 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 18 ELM TREE GARDENS sales from October 2002 and October 2021 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 2002 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 18 ELM TREE GARDENS be worth now?

18 ELM TREE GARDENS might now be worth an estimated £130,584.

This is based on house price inflation of 13.1%, between October 2021 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 13.1% inflationary increase is applied to the most recent sale price for 18 ELM TREE GARDENS of £115,500 on 1st October 2021. For the value to have increased from £115,500 to £130,584 over the two years and ten months to December 2024, the following assumptions must hold true:

• The value of 18 ELM TREE GARDENS has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The October 2021 sale price of £115,500 represented a fair market value for the property.
• The size, condition, and specification of 18 ELM TREE GARDENS has not materially changed since October 2021.

How Large is 18 ELM TREE GARDENS?

18 ELM TREE GARDENS is 80m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% of semi-detached houses houses in Peterlee, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Peterlee, and where 18 ELM TREE GARDENS lies on this distribution: 16% of semi-detached houses houses are smaller than 18 ELM TREE GARDENS, and 82% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

18 ELM TREE GARDENS: Plot and Title Map

18 ELM TREE GARDENS sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 18 ELM TREE GARDENS, 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 ELM TREE GARDENS). 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 ELM TREE GARDENS?

18 ELM TREE GARDENS is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 18 on ELM TREE GARDENS.