19, NORHAM DRIVE, PETERLEE, SR8 1ND - £163,000

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

19 NORHAM DRIVE is a small extended detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £234,698. It was last sold for £163,000 in October 2013, which was about the average October 2013 detached price in the County Durham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

19 NORHAM DRIVE Sold Prices

Land registry data shows two sales for 19 NORHAM 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 19 NORHAM 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
2013 31 OCT	£163,000	£162,919	Close to HPI
2004 2 APR	£162,000	£134,623	20% above HPI

19 NORHAM 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 19 NORHAM DRIVE sales from April 2004 and October 2013 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 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2013 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 19 NORHAM DRIVE be worth now?

19 NORHAM DRIVE might now be worth an estimated £234,698.

This is based on house price inflation of 44%, between October 2013 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 44% inflationary increase is applied to the most recent sale price for 19 NORHAM DRIVE of £163,000 on 31st October 2013. For the value to have increased from £163,000 to £234,698 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 19 NORHAM DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2013 sale price of £163,000 represented a fair market value for the property.
• The size, condition, and specification of 19 NORHAM DRIVE has not materially changed since October 2013.

How Large is 19 NORHAM DRIVE?

19 NORHAM DRIVE is 84m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% 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 19 NORHAM DRIVE lies on this distribution: 21% of detached houses houses are smaller than 19 NORHAM DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

19 NORHAM DRIVE: Plot and Title Map

19 NORHAM DRIVE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 19 NORHAM 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 19 NORHAM 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 19 NORHAM DRIVE?

19 NORHAM DRIVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 19 on NORHAM DRIVE.