3, BYWELL DRIVE, PETERLEE, SR8 1LY - £168,000

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

3 BYWELL DRIVE is a small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £168,000 in July 2021, which was around 14% below the average July 2021 detached price in the County Durham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

3 BYWELL DRIVE Sold Prices

Land registry data shows three sales for 3 BYWELL DRIVE 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 3 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
2021 6 JUL	£168,000	£195,760	14% below HPI
2000 18 MAY	£63,000	£78,420	20% below HPI
1998 16 JUN	£50,500	£71,732	30% below HPI

3 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 three 3 BYWELL DRIVE sales between June 1998 and July 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 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 BYWELL DRIVE?

3 BYWELL DRIVE is 84m², which includes two extensions, according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 3 BYWELL DRIVE lies on this distribution: 21% of detached houses are smaller than 3 BYWELL DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

3 BYWELL DRIVE: Plot and Title Map

3 BYWELL DRIVE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 3 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 3 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 3 BYWELL DRIVE?

3 BYWELL DRIVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 3 on BYWELL DRIVE.