2, FENNEL GROVE, PETERLEE, SR8 3TQ - £135,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 FENNEL GROVE is a very small semi-detached house of 76m², built sometime between 2003 and 2006. It was last sold for £135,000 in August 2013, which was around 16% below the average August 2013 detached price in the County Durham local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

2 FENNEL GROVE Sold Prices

Land registry data shows four sales for 2 FENNEL GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 2 FENNEL GROVE 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
2013 1 AUG	£135,000	£160,821	16% below HPI
2008 31 OCT	£157,000	£184,396	15% below HPI
2007 29 MAR	£149,500	£181,619	18% below HPI
1999 22 DEC	£72,250	£78,012	7% below HPI

2 FENNEL GROVE 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 four 2 FENNEL GROVE sales between December 1999 and August 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 October 2008 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2013 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 FENNEL GROVE?

2 FENNEL GROVE is 76m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses in Easington, based on EPC data. The below chart shows the distribution of detached houses by size in Easington, and where 2 FENNEL GROVE lies on this distribution: 3% of detached houses are smaller than 2 FENNEL GROVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Easington.

2 FENNEL GROVE: Plot and Title Map

2 FENNEL GROVE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 2 FENNEL GROVE, 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 2 FENNEL GROVE). 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 2 FENNEL GROVE?

2 FENNEL GROVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 2 on FENNEL GROVE.