3, ELSDON CLOSE, PETERLEE, SR8 1NE - £207,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 ELSDON CLOSE is a midsized extended detached house of 104m², built sometime between 1983 and 1990. It was last sold for £207,500 in June 2011, which was around 25% above the average June 2011 detached price in the County Durham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

3 ELSDON CLOSE Sold Prices

Land registry data shows two sales for 3 ELSDON 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 3 ELSDON CLOSE 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
2011 30 JUN	£207,500	£166,110	25% above HPI
2008 14 MAR	£250,000	£187,008	34% above HPI

3 ELSDON 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 3 ELSDON CLOSE sales from March 2008 and June 2011 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 2008 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2011 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 3 ELSDON CLOSE?

3 ELSDON CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 50% 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 ELSDON CLOSE lies on this distribution: 51% of detached houses are smaller than 3 ELSDON CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

3 ELSDON CLOSE: Plot and Title Map

3 ELSDON CLOSE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 3 ELSDON 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 3 ELSDON 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 3 ELSDON CLOSE?

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