24, MARWOOD GROVE, PETERLEE, SR8 1NN - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

24 MARWOOD GROVE is a large detached house of 131m², built sometime between 1983 and 1990. It was last sold for £315,000 in August 2017, which was around 84% above the average August 2017 detached price in the County Durham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

24 MARWOOD GROVE Sold Prices

Land registry data shows four sales for 24 MARWOOD GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 24 MARWOOD GROVE 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
2017 23 AUG	£315,000	£171,355	84% above HPI
2012 6 JUN	£295,000	£159,647	85% above HPI
2007 31 MAY	£245,000	£183,519	34% above HPI
2005 25 APR	£227,500	£163,631	39% above HPI

24 MARWOOD GROVE 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 four 24 MARWOOD GROVE sales between April 2005 and August 2017 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 June 2012 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the August 2017 sale, where it falls to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is 24 MARWOOD GROVE?

24 MARWOOD GROVE is 131m² according to the EPC inspection conducted in March 2012. This puts it in the largest 30% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 24 MARWOOD GROVE lies on this distribution: 77% of detached houses are smaller than 24 MARWOOD GROVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

24 MARWOOD GROVE: Plot and Title Map

24 MARWOOD GROVE sits on a plot of roughly 0.187 of an acre, or 758m². The below map shows the location of 24 MARWOOD GROVE, 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 MARWOOD GROVE). 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 MARWOOD GROVE?

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