23, THE VILLAGE, OLD SHOTTON, PETERLEE, SR8 2ND - £206,000

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.

23 THE VILLAGE is a very large extended terraced house of 145m², built sometime between 1950 and 1966, which could now be worth an estimated £295,047. It was last sold for £206,000 in March 2009, which was around 155% above the average March 2009 terraced price in the County Durham local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was D.

23 THE VILLAGE Sold Prices

Land registry data shows two sales for 23 THE VILLAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Both of the two 23 THE VILLAGE 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
2009 20 MAR	£206,000	£80,846	155% above HPI
2001 14 DEC	£110,500	£36,170	206% above HPI

23 THE VILLAGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The two 23 THE VILLAGE sales from December 2001 and March 2009 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 December 2001 sale was for 206% above the HPI. So the extrapolation line tracks at 206% above the HPI over time, until the March 2009 sale, where it falls to 155% above the HPI. The line then continues to track at 155% above the HPI.

What might 23 THE VILLAGE be worth now?

23 THE VILLAGE might now be worth an estimated £295,047.

This is based on house price inflation of 43.2%, between March 2009 and July 2025, for terraced 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 43.2% inflationary increase is applied to the most recent sale price for 23 THE VILLAGE of £206,000 on 20th March 2009. For the value to have increased from £206,000 to £295,047 over the fifteen years and eight months to July 2025, the following assumptions must hold true:

• The value of 23 THE VILLAGE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The March 2009 sale price of £206,000 represented a fair market value for the property.
• The size, condition, and specification of 23 THE VILLAGE has not materially changed since March 2009.

How Large is 23 THE VILLAGE?

23 THE VILLAGE is 145m², which includes one extension, according to the EPC inspection conducted in February 2009. This puts it in the largest 20% of terraced houses houses in Peterlee, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Peterlee, and where 23 THE VILLAGE lies on this distribution: 85% of terraced houses houses are smaller than 23 THE VILLAGE, and 15% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

23 THE VILLAGE: Plot and Title Map

23 THE VILLAGE sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 23 THE VILLAGE, 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 23 THE VILLAGE). 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 23 THE VILLAGE?

23 THE VILLAGE is located in OLD SHOTTON, in the SR8 postcode district. The below map shows the position of No. 23 on THE VILLAGE.