25, BALMORAL DRIVE, PETERLEE, SR8 1QP - £240,000

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

25 BALMORAL DRIVE is a very large extended detached house of 159m², built sometime between 1996 and 2002. It was last sold for £240,000 in October 2016, which was around 46% above the average October 2016 detached price in the County Durham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was C.

25 BALMORAL DRIVE Sold Prices

Land registry data shows four sales for 25 BALMORAL DRIVE 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 25 BALMORAL DRIVE 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
2016 10 OCT	£240,000	£164,431	46% above HPI
2005 21 MAR	£219,995	£161,066	37% above HPI
2004 5 MAY	£180,000	£137,556	31% above HPI
2002 22 FEB	£124,000	£85,367	45% above HPI

25 BALMORAL DRIVE 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 25 BALMORAL DRIVE sales between February 2002 and October 2016 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 March 2005 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2016 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 25 BALMORAL DRIVE?

25 BALMORAL DRIVE is 159m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 25 BALMORAL DRIVE lies on this distribution: 88% of detached houses are smaller than 25 BALMORAL DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

25 BALMORAL DRIVE: Plot and Title Map

25 BALMORAL DRIVE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 25 BALMORAL DRIVE, 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 25 BALMORAL DRIVE). 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 25 BALMORAL DRIVE?

25 BALMORAL DRIVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 25 on BALMORAL DRIVE.