2, WOODMANSEY CLOSE, PETERLEE, SR8 2RW - £169,000

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 WOODMANSEY CLOSE is a small detached house of 90m², built sometime between 2003 and 2006, which could now be worth an estimated £247,177. It was last sold for £169,000 in May 2013, which was around 5% above the average May 2013 detached price in the County Durham local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

2 WOODMANSEY CLOSE Sold Prices

Land registry data shows three sales for 2 WOODMANSEY CLOSE 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 WOODMANSEY CLOSE 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
2013 1 MAY	£169,000	£161,470	5% above HPI
2004 7 MAY	£170,000	£141,401	20% above HPI
1997 18 DEC	£78,000	£72,733	7% above HPI

2 WOODMANSEY CLOSE 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 WOODMANSEY CLOSE sales between December 1997 and May 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 May 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2013 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 2 WOODMANSEY CLOSE be worth now?

2 WOODMANSEY CLOSE might now be worth an estimated £247,177.

This is based on house price inflation of 46.3%, between May 2013 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 46.3% inflationary increase is applied to the most recent sale price for 2 WOODMANSEY CLOSE of £169,000 on 1st May 2013. For the value to have increased from £169,000 to £247,177 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of 2 WOODMANSEY CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2013 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOODMANSEY CLOSE has not materially changed since May 2013.

How Large is 2 WOODMANSEY CLOSE?

2 WOODMANSEY CLOSE is 90m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 40% 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 WOODMANSEY CLOSE lies on this distribution: 34% of detached houses houses are smaller than 2 WOODMANSEY CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

2 WOODMANSEY CLOSE: Plot and Title Map

2 WOODMANSEY CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 2 WOODMANSEY CLOSE, 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 WOODMANSEY CLOSE). 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 WOODMANSEY CLOSE?

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