3, JARVIS ROAD, PETERLEE, SR8 5EJ - £119,000

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 JARVIS ROAD is a very small extended detached house of 75m², built sometime from 2012 onwards. It was last sold for £119,000 in March 2023, which was around 42% below the average March 2023 detached price in the County Durham local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

3 JARVIS ROAD Sold Prices

Land registry data shows two sales for 3 JARVIS ROAD 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 JARVIS ROAD 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
2023 31 MAR	£119,000	£206,611	42% below HPI
2013 25 JAN	£86,500	£158,801	46% below HPI

3 JARVIS ROAD 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 JARVIS ROAD sales from January 2013 and March 2023 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 January 2013 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2023 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 3 JARVIS ROAD?

3 JARVIS ROAD is 75m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% 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 JARVIS ROAD lies on this distribution: 7% of detached houses are smaller than 3 JARVIS ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

3 JARVIS ROAD: Plot and Title Map

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

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