21, CHAPEL HILL ROAD, PETERLEE, SR8 5LH - £120,000

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

21 CHAPEL HILL ROAD is a large detached house of 120m², built sometime between 1950 and 1966. It was last sold for £120,000 in February 2021, which was around 35% below the average February 2021 detached price in the County Durham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

21 CHAPEL HILL ROAD Sold Prices

Land registry data shows three sales for 21 CHAPEL HILL ROAD 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 21 CHAPEL HILL ROAD 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
2021 26 FEB	£120,000	£184,914	35% below HPI
2007 27 JUL	£96,000	£187,586	49% below HPI
2000 24 NOV	£40,000	£79,895	50% below HPI

21 CHAPEL HILL ROAD 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 21 CHAPEL HILL ROAD sales between November 2000 and February 2021 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 July 2007 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the February 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 21 CHAPEL HILL ROAD?

21 CHAPEL HILL ROAD is 120m² according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 21 CHAPEL HILL ROAD lies on this distribution: 69% of detached houses are smaller than 21 CHAPEL HILL ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

21 CHAPEL HILL ROAD: Plot and Title Map

21 CHAPEL HILL ROAD sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 21 CHAPEL HILL ROAD, 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 21 CHAPEL HILL ROAD). 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 21 CHAPEL HILL ROAD?

21 CHAPEL HILL ROAD is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 21 on CHAPEL HILL ROAD.