24, HERTON CLOSE, PETERLEE, SR8 2AL - £75,000

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

24 HERTON CLOSE is a very small semi-detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £79,632. It was last sold for £75,000 in July 2024, which was around 41% below the average July 2024 semi-detached price in the County Durham local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

24 HERTON CLOSE Sold Prices

Land registry data shows three sales for 24 HERTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the three 24 HERTON CLOSE 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
2024 18 JUL	£75,000	£127,570	41% below HPI
2006 20 OCT	£82,000	£109,994	25% below HPI
2001 14 DEC	£36,500	£46,929	22% below HPI

24 HERTON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The three 24 HERTON CLOSE sales between December 2001 and July 2024 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 October 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2024 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 24 HERTON CLOSE be worth now?

24 HERTON CLOSE might now be worth an estimated £79,632.

This is based on house price inflation of 6.2%, between July 2024 and December 2024, for semi-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 6.2% inflationary increase is applied to the most recent sale price for 24 HERTON CLOSE of £75,000 on 18th July 2024. For the value to have increased from £75,000 to £79,632 over the seven months to December 2024, the following assumptions must hold true:

• The value of 24 HERTON CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The July 2024 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 24 HERTON CLOSE has not materially changed since July 2024.

How Large is 24 HERTON CLOSE?

24 HERTON CLOSE is 80m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of semi-detached houses houses in Peterlee, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Peterlee, and where 24 HERTON CLOSE lies on this distribution: 16% of semi-detached houses houses are smaller than 24 HERTON CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

24 HERTON CLOSE: Plot and Title Map

24 HERTON CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 24 HERTON 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 24 HERTON 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 24 HERTON CLOSE?

24 HERTON CLOSE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 24 on HERTON CLOSE.