28, ELM TREE GARDENS, PETERLEE, SR8 5SD - £78,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 ELM TREE GARDENS is a very small semi-detached house of 56m², built sometime between 1996 and 2002. It was last sold for £78,000 in October 2012, which was around 52% below the average October 2012 detached price in the County Durham local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

28 ELM TREE GARDENS Sold Prices

Land registry data shows four sales for 28 ELM TREE GARDENS 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 28 ELM TREE GARDENS 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
2012 18 OCT	£78,000	£163,254	52% below HPI
2010 3 SEP	£86,000	£174,900	51% below HPI
2003 3 OCT	£73,950	£122,313	40% below HPI
2002 31 OCT	£57,950	£98,064	41% below HPI

28 ELM TREE GARDENS 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 ELM TREE GARDENS sales between October 2002 and October 2012 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 2010 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the October 2012 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 28 ELM TREE GARDENS?

28 ELM TREE GARDENS is 56m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 28 ELM TREE GARDENS lies on this distribution: Less than 1% of detached houses are smaller than 28 ELM TREE GARDENS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

28 ELM TREE GARDENS: Plot and Title Map

28 ELM TREE GARDENS sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 28 ELM TREE GARDENS, 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 ELM TREE GARDENS). 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 ELM TREE GARDENS?

28 ELM TREE GARDENS is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 28 on ELM TREE GARDENS.