2, LANGLEY GROVE, PETERLEE, SR8 1QL - £267,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LANGLEY GROVE is a large extended detached house of 123m², built sometime between 1996 and 2002. It was last sold for £267,500 in May 2019, which was around 58% above the average May 2019 detached price in the County Durham local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

2 LANGLEY GROVE Sold Prices

Land registry data shows two sales for 2 LANGLEY GROVE 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 2 LANGLEY GROVE 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
2019 24 MAY	£267,500	£169,577	58% above HPI
2002 28 JAN	£115,000	£85,661	34% above HPI

2 LANGLEY 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 two 2 LANGLEY GROVE sales from January 2002 and May 2019 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 January 2002 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the May 2019 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 2 LANGLEY GROVE?

2 LANGLEY GROVE is 123m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 30% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 2 LANGLEY GROVE lies on this distribution: 72% of detached houses are smaller than 2 LANGLEY GROVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

2 LANGLEY GROVE: Plot and Title Map

2 LANGLEY GROVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 2 LANGLEY 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 LANGLEY 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 LANGLEY GROVE?

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