2, LUKE COURT, PETERLEE, SR8 1QG - £249,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 LUKE COURT is a very large detached house of 143m², built sometime between 1983 and 1990, which could now be worth an estimated £464,913. It was last sold for £249,995 in November 2003, which was around 97% above the average November 2003 detached price in the County Durham local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

2 LUKE COURT Sold Prices

Land registry data shows three sales for 2 LUKE COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 2 LUKE COURT 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
2003 26 NOV	£249,995	£126,991	97% above HPI
2003 24 JAN	£230,000	£106,158	117% above HPI
1997 30 SEP	£147,000	£74,108	98% above HPI

2 LUKE COURT 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 three 2 LUKE COURT sales between September 1997 and November 2003 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 2003 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the November 2003 sale, where it falls to 97% above the HPI. The line then continues to track at 97% above the HPI.

What might 2 LUKE COURT be worth now?

2 LUKE COURT might now be worth an estimated £464,913.

This is based on house price inflation of 86%, between November 2003 and February 2025, 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 86% inflationary increase is applied to the most recent sale price for 2 LUKE COURT of £249,995 on 26th November 2003. For the value to have increased from £249,995 to £464,913 over the 22 years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 LUKE COURT has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2003 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 2 LUKE COURT has not materially changed since November 2003.

How Large is 2 LUKE COURT?

2 LUKE COURT is 143m² according to the EPC inspection conducted in May 2014. This puts it in the largest 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 2 LUKE COURT lies on this distribution: 83% of detached houses houses are smaller than 2 LUKE COURT, and 16% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

2 LUKE COURT: Plot and Title Map

2 LUKE COURT sits on a plot of roughly 0.213 of an acre, or 862m². The below map shows the location of 2 LUKE COURT, 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 LUKE COURT). 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 LUKE COURT?

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