3, CORNFIELD GARTH, PETERLEE, SR8 5TN - £215,000

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

3 CORNFIELD GARTH is a very large extended detached house of 150m², built sometime between 1976 and 1982, which could now be worth an estimated £304,596. It was last sold for £215,000 in September 2015, which was around 29% above the average September 2015 detached price in the County Durham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

3 CORNFIELD GARTH Sold Prices

Land registry data shows two sales for 3 CORNFIELD GARTH 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 3 CORNFIELD GARTH 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
2015 3 SEP	£215,000	£166,697	29% above HPI
2003 22 AUG	£173,000	£121,834	42% above HPI

3 CORNFIELD GARTH 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 3 CORNFIELD GARTH sales from August 2003 and September 2015 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 August 2003 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the September 2015 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 3 CORNFIELD GARTH be worth now?

3 CORNFIELD GARTH might now be worth an estimated £304,596.

This is based on house price inflation of 41.7%, between September 2015 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 41.7% inflationary increase is applied to the most recent sale price for 3 CORNFIELD GARTH of £215,000 on 3rd September 2015. For the value to have increased from £215,000 to £304,596 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 CORNFIELD GARTH has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2015 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CORNFIELD GARTH has not materially changed since September 2015.

How Large is 3 CORNFIELD GARTH?

3 CORNFIELD GARTH is 150m², which includes two extensions, according to the EPC inspection conducted in May 2015. 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 3 CORNFIELD GARTH lies on this distribution: 86% of detached houses houses are smaller than 3 CORNFIELD GARTH, and 14% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

3 CORNFIELD GARTH: Plot and Title Map

3 CORNFIELD GARTH sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 3 CORNFIELD GARTH, 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 CORNFIELD GARTH). 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 CORNFIELD GARTH?

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