29, BYWELL DRIVE, PETERLEE, SR8 1LY - £65,000

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

29 BYWELL DRIVE is a midsized detached house of 108m², built sometime between 1976 and 1982. It was last sold for £65,000 in February 1998, which was around 11% below the average February 1998 detached price in the County Durham local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

29 BYWELL DRIVE Sold Prices

Land registry data shows two sales for 29 BYWELL DRIVE 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 29 BYWELL DRIVE 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
1998 16 FEB	£65,000	£72,992	11% below HPI
1995 3 MAR	£67,000	£67,351	1% below HPI

29 BYWELL 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 two 29 BYWELL DRIVE sales from March 1995 and February 1998 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 March 1995 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 1998 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 29 BYWELL DRIVE be worth now?

29 BYWELL DRIVE might now be worth an estimated £208,896.

This is based on house price inflation of 221.4%, between February 1998 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 221.4% inflationary increase is applied to the most recent sale price for 29 BYWELL DRIVE of £65,000 on 16th February 1998. For the value to have increased from £65,000 to £208,896 over the 25 years and two months to December 2024, the following assumptions must hold true:

• The value of 29 BYWELL DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 1998 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 29 BYWELL DRIVE has not materially changed since February 1998.

How Large is 29 BYWELL DRIVE?

29 BYWELL DRIVE is 108m² according to the EPC inspection conducted in July 2021. This puts it in the largest 50% 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 29 BYWELL DRIVE lies on this distribution: 56% of detached houses houses are smaller than 29 BYWELL DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

29 BYWELL DRIVE: Plot and Title Map

29 BYWELL DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 29 BYWELL 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 29 BYWELL 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 29 BYWELL DRIVE?

29 BYWELL DRIVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 29 on BYWELL DRIVE.