26, ELM TERRACE, HORDEN, PETERLEE, SR8 4SG - £60,000

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.

26 ELM TERRACE is a very small semi-detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £65,073. It was last sold for £60,000 in December 2023, which was around 52% below the average December 2023 semi-detached price in the County Durham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was B.

26 ELM TERRACE Sold Prices

Land registry data shows two sales for 26 ELM TERRACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two 26 ELM TERRACE 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
2023 14 DEC	£60,000	£125,545	52% below HPI
2020 22 SEP	£38,000	£101,195	62% below HPI

26 ELM TERRACE 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 two 26 ELM TERRACE sales from September 2020 and December 2023 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 September 2020 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the December 2023 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 26 ELM TERRACE be worth now?

26 ELM TERRACE might now be worth an estimated £65,073.

This is based on house price inflation of 8.5%, between December 2023 and February 2025, 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 8.5% inflationary increase is applied to the most recent sale price for 26 ELM TERRACE of £60,000 on 14th December 2023. For the value to have increased from £60,000 to £65,073 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 26 ELM TERRACE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The December 2023 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 26 ELM TERRACE has not materially changed since December 2023.

How Large is 26 ELM TERRACE?

26 ELM TERRACE is 80m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of semi-detached houses houses in Horden, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Horden, and where 26 ELM TERRACE lies on this distribution: 14% of semi-detached houses houses are smaller than 26 ELM TERRACE, and 86% of houses are larger. Note that EPC data is not available for all properties in Horden.

26 ELM TERRACE: Plot and Title Map

26 ELM TERRACE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 26 ELM TERRACE, 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 26 ELM TERRACE). 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 26 ELM TERRACE?

26 ELM TERRACE is located in HORDEN, in the SR8 postcode district. The below map shows the position of No. 26 on ELM TERRACE.