28, PEPPERCORN CLOSE, SHILDON, DL4 2GP - £175,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

28 PEPPERCORN CLOSE is a very small detached house of 85m², which could now be worth an estimated £186,670. It was last sold for £175,000 in August 2024, which was around 20% below the average August 2024 detached price in the County Durham local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was A.

28 PEPPERCORN CLOSE Sold Prices

Land registry data shows two sales for 28 PEPPERCORN 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. Both of the two 28 PEPPERCORN CLOSE 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
2024 12 AUG	£175,000	£219,916	20% below HPI
2019 30 SEP	£154,950	£176,862	12% below HPI

28 PEPPERCORN 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 28 PEPPERCORN CLOSE sales from September 2019 and August 2024 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 2019 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2024 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 28 PEPPERCORN CLOSE be worth now?

28 PEPPERCORN CLOSE might now be worth an estimated £186,670.

This is based on house price inflation of 6.7%, between August 2024 and December 2024, 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 6.7% inflationary increase is applied to the most recent sale price for 28 PEPPERCORN CLOSE of £175,000 on 12th August 2024. For the value to have increased from £175,000 to £186,670 over the eight months to December 2024, the following assumptions must hold true:

• The value of 28 PEPPERCORN CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2024 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 28 PEPPERCORN CLOSE has not materially changed since August 2024.

How Large is 28 PEPPERCORN CLOSE?

28 PEPPERCORN CLOSE is 85m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% of detached houses houses in Shildon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shildon, and where 28 PEPPERCORN CLOSE lies on this distribution: 16% of detached houses houses are smaller than 28 PEPPERCORN CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Shildon.

28 PEPPERCORN CLOSE: Plot and Title Map

28 PEPPERCORN CLOSE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 28 PEPPERCORN 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 28 PEPPERCORN 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 28 PEPPERCORN CLOSE?

28 PEPPERCORN CLOSE is located in SHILDON, in the DL4 postcode district. The below map shows the position of No. 28 on PEPPERCORN CLOSE.