28, EGREMONT GROVE, PETERLEE, SR8 1PJ - £215,000

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.

28 EGREMONT GROVE is a small extended detached house of 86m², built sometime between 1991 and 1995, which could now be worth an estimated £268,260. It was last sold for £215,000 in January 2021, which was around 14% above the average January 2021 detached price in the County Durham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

28 EGREMONT GROVE Sold Prices

Land registry data shows four sales for 28 EGREMONT 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. Two of the four 28 EGREMONT GROVE 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
2021 22 JAN	£215,000	£189,276	14% above HPI
2006 19 OCT	£202,500	£188,045	8% above HPI
2003 9 MAY	£114,000	£113,699	Close to HPI
2000 16 FEB	£68,000	£80,556	16% below HPI

28 EGREMONT 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 28 EGREMONT GROVE sales between February 2000 and January 2021 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 October 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 28 EGREMONT GROVE be worth now?

28 EGREMONT GROVE might now be worth an estimated £268,260.

This is based on house price inflation of 24.8%, between January 2021 and February 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 24.8% inflationary increase is applied to the most recent sale price for 28 EGREMONT GROVE of £215,000 on 22nd January 2021. For the value to have increased from £215,000 to £268,260 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 28 EGREMONT GROVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The January 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 28 EGREMONT GROVE has not materially changed since January 2021.

How Large is 28 EGREMONT GROVE?

28 EGREMONT GROVE is 86m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 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 28 EGREMONT GROVE lies on this distribution: 24% of detached houses houses are smaller than 28 EGREMONT GROVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

28 EGREMONT GROVE: Plot and Title Map

28 EGREMONT GROVE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 28 EGREMONT 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 28 EGREMONT 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 28 EGREMONT GROVE?

28 EGREMONT GROVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 28 on EGREMONT GROVE.