29, LAMBTON COURT, PETERLEE, SR8 1NG - £300,000

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.

29 LAMBTON COURT is a very large extended detached house of 139m², built sometime between 1983 and 1990, which could now be worth an estimated £366,741. It was last sold for £300,000 in May 2021, which was around 55% above the average May 2021 detached price in the County Durham local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was C.

29 LAMBTON COURT Sold Prices

Land registry data shows three sales for 29 LAMBTON COURT 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. All of the three 29 LAMBTON COURT sales were for above 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 28 MAY	£300,000	£193,186	55% above HPI
2007 1 MAY	£230,000	£188,648	22% above HPI
2003 21 MAR	£127,500	£109,548	16% above HPI

29 LAMBTON COURT 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 29 LAMBTON COURT sales between March 2003 and May 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 May 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2021 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 29 LAMBTON COURT be worth now?

29 LAMBTON COURT might now be worth an estimated £366,741.

This is based on house price inflation of 22.2%, between May 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 22.2% inflationary increase is applied to the most recent sale price for 29 LAMBTON COURT of £300,000 on 28th May 2021. For the value to have increased from £300,000 to £366,741 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 29 LAMBTON COURT has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 29 LAMBTON COURT has not materially changed since May 2021.

How Large is 29 LAMBTON COURT?

29 LAMBTON COURT is 139m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 20% 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 LAMBTON COURT lies on this distribution: 81% of detached houses houses are smaller than 29 LAMBTON COURT, and 19% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

29 LAMBTON COURT: Plot and Title Map

29 LAMBTON COURT sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 29 LAMBTON COURT, 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 LAMBTON COURT). 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 LAMBTON COURT?

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