22, CARROCK CLOSE, PETERLEE, SR8 1EE - £94,995

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 CARROCK CLOSE is a large detached house of 130m², built sometime between 1996 and 2002, which could now be worth an estimated £301,675. It was last sold for £94,995 in July 1998, which was around 28% above the average July 1998 detached price in the County Durham local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

22 CARROCK CLOSE Sold Prices

Land registry data shows two sales for 22 CARROCK CLOSE 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 22 CARROCK 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
1998 21 JUL	£94,995	£74,366	28% above HPI
1997 19 FEB	£91,000	£68,885	32% above HPI

22 CARROCK 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 two 22 CARROCK CLOSE sales from February 1997 and July 1998 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 February 1997 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 1998 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 22 CARROCK CLOSE be worth now?

22 CARROCK CLOSE might now be worth an estimated £301,675.

This is based on house price inflation of 217.6%, between July 1998 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 217.6% inflationary increase is applied to the most recent sale price for 22 CARROCK CLOSE of £94,995 on 21st July 1998. For the value to have increased from £94,995 to £301,675 over the 27 years and five months to February 2025, the following assumptions must hold true:

• The value of 22 CARROCK CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 1998 sale price of £94,995 represented a fair market value for the property.
• The size, condition, and specification of 22 CARROCK CLOSE has not materially changed since July 1998.

How Large is 22 CARROCK CLOSE?

22 CARROCK CLOSE is 130m² according to the EPC inspection conducted in July 2017. This puts it in the largest 30% 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 22 CARROCK CLOSE lies on this distribution: 76% of detached houses houses are smaller than 22 CARROCK CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

22 CARROCK CLOSE: Plot and Title Map

22 CARROCK CLOSE sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 22 CARROCK 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 22 CARROCK 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 22 CARROCK CLOSE?

22 CARROCK CLOSE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 22 on CARROCK CLOSE.