27, DORMAND DRIVE, PETERLEE, SR8 1EQ - £239,500

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

27 DORMAND DRIVE is a very small extended detached house of 77m², built sometime between 1983 and 1990. It was last sold for £239,500 in April 2023, which was around 18% above the average April 2023 detached price in the County Durham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

27 DORMAND DRIVE Sold Prices

Land registry data shows three sales for 27 DORMAND DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Two of the three 27 DORMAND DRIVE sales were for above the average price, whilst one 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
2023 19 APR	£239,500	£202,725	18% above HPI
2018 28 SEP	£220,000	£174,029	26% above HPI
2001 16 FEB	£73,000	£79,728	8% below HPI

27 DORMAND 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 three 27 DORMAND DRIVE sales between February 2001 and April 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 2018 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2023 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 27 DORMAND DRIVE?

27 DORMAND DRIVE is 77m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 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 27 DORMAND DRIVE lies on this distribution: 12% of detached houses are smaller than 27 DORMAND DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

27 DORMAND DRIVE: Plot and Title Map

27 DORMAND DRIVE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 27 DORMAND 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 27 DORMAND 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 27 DORMAND DRIVE?

27 DORMAND DRIVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 27 on DORMAND DRIVE.