25, SHREWSBURY CLOSE, PETERLEE, SR8 2NZ - £204,000

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.

25 SHREWSBURY CLOSE is a large detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £291,516. It was last sold for £204,000 in March 2019, which was around 23% above the average March 2019 detached price in the County Durham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

25 SHREWSBURY CLOSE Sold Prices

Land registry data shows two sales for 25 SHREWSBURY 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. One of the two 25 SHREWSBURY CLOSE sales was for above the average price, whilst the other was 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
2019 22 MAR	£204,000	£165,695	23% above HPI
2000 14 APR	£79,000	£80,628	2% below HPI

25 SHREWSBURY 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 25 SHREWSBURY CLOSE sales from April 2000 and March 2019 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 April 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2019 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 25 SHREWSBURY CLOSE be worth now?

25 SHREWSBURY CLOSE might now be worth an estimated £291,516.

This is based on house price inflation of 42.9%, between March 2019 and March 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 42.9% inflationary increase is applied to the most recent sale price for 25 SHREWSBURY CLOSE of £204,000 on 22nd March 2019. For the value to have increased from £204,000 to £291,516 over the six years to March 2025, the following assumptions must hold true:

• The value of 25 SHREWSBURY CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2019 sale price of £204,000 represented a fair market value for the property.
• The size, condition, and specification of 25 SHREWSBURY CLOSE has not materially changed since March 2019.

How Large is 25 SHREWSBURY CLOSE?

25 SHREWSBURY CLOSE is 128m² according to the EPC inspection conducted in August 2016. 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 25 SHREWSBURY CLOSE lies on this distribution: 75% of detached houses houses are smaller than 25 SHREWSBURY CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

25 SHREWSBURY CLOSE: Plot and Title Map

25 SHREWSBURY CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 25 SHREWSBURY 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 25 SHREWSBURY 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 25 SHREWSBURY CLOSE?

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