Property Data Search:

3, LORIMERS CLOSE, PETERLEE, SR8 2NH - £465,000

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 LORIMERS CLOSE is a very large detached house of 345m², built sometime between 2003 and 2006, which could now be worth an estimated £472,155. It was last sold for £465,000 in November 2024, which was around 101% above the average November 2024 detached price in the County Durham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was C.

3 LORIMERS CLOSE Sold Prices

Land registry data shows two sales for 3 LORIMERS CLOSE since 1st 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 LORIMERS CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2024
20 NOV
£465,000£231,026
up arrow
101% above HPI
2007
23 JAN
£235,000£187,732
up arrow
25% above HPI

3 LORIMERS 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 LORIMERS CLOSE sales from January 2007 and November 2024 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 2007 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2024 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

3, LORIMERS CLOSE, PETERLEE, SR8 2NH: Price paid vs HM Land Registry's House Price Index

What might 3 LORIMERS CLOSE be worth now?

3 LORIMERS CLOSE might now be worth an estimated £472,155.

This is based on house price inflation of 1.5%, between November 2024 and December 2024, 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 1.5% inflationary increase is applied to the most recent sale price for 3 LORIMERS CLOSE of £465,000 on 20th November 2024. For the value to have increased from £465,000 to £472,155 over the eleven months to December 2024, the following assumptions must hold true:

  • The value of 3 LORIMERS CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
  • The November 2024 sale price of £465,000 represented a fair market value for the property.
  • The size, condition, and specification of 3 LORIMERS CLOSE has not materially changed since November 2024.
Disclaimer: Please note that this is a theoretical estimate based on assumptions which may or may not be correct. It should not be relied on for any purpose.

How Large is 3 LORIMERS CLOSE?

3 LORIMERS CLOSE is 345m² according to the EPC inspection conducted in March 2015. This puts it in the largest 10% 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 LORIMERS CLOSE lies on this distribution: More than 99% of detached houses houses are smaller than 3 LORIMERS CLOSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

3, LORIMERS CLOSE, PETERLEE, SR8 2NH: Size of property relative to detached houses houses in Peterlee

3 LORIMERS CLOSE: Plot and Title Map

3 LORIMERS CLOSE sits on a plot of roughly 0.225 of an acre, or 911m². The below map shows the location of 3 LORIMERS 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 LORIMERS 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.

3, LORIMERS CLOSE, PETERLEE, SR8 2NH: Plot and title map

Where is 3 LORIMERS CLOSE?

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

3, LORIMERS CLOSE, PETERLEE, SR8 2NH: Location map and indicative extent of plot

All property sales on LORIMERS CLOSE

Most recent sales first:

Full data available
2024
20 NOV
£465,000
Full data available
2024
30 AUG
£311,000
Full data available
2023
30 MAY
£370,000
Limited data available
2022
21 DEC
£275,500
Limited data available
2022
2 DEC
£355,000
Limited data available
2022
10 FEB
£150,000
Full data available
2021
10 SEP
£306,000
Limited data available
2021
13 AUG
£295,000
Full data available
2021
30 JUL
£275,500
Limited data available
2021
29 JAN
£277,000
Limited data available
2020
29 MAY
£275,000
Limited data available
2020
17 APR
£280,000
Full data available
2019
19 JUL
£207,000
Limited data available
2017
8 NOV
£210,000
Full data available
2015
21 DEC
£340,000
Limited data available
2015
30 JUN
£270,000
Limited data available
2009
30 SEP
£230,000
Limited data available
2008
28 MAY
£232,000
Full data available
2007
15 FEB
£290,000
Full data available
2007
23 JAN
£235,000
Full data available
2006
28 JUL
£465,000
Full data available
2006
10 JUL
£270,000
Limited data available
2005
14 FEB
£235,000
Limited data available
2003
12 JUN
£200,000
Limited data available
2003
12 JUN
£220,000
Full data available
2002
22 NOV
£215,000
Full data available
1997
16 MAY
£99,000
Full data available
1996
30 JUL
£57,000
Full data available
1996
15 MAR
£82,000
Limited data available
1995
23 FEB
£103,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2025. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2025. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2025 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2025 Ordnance Survey 100026316. Conditions of use.