3, MICKLE COURT, PETERLEE, SR8 2FA - £159,000

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 MICKLE COURT is a very small detached house of 72m², built sometime from 2012 onwards, which could now be worth an estimated £167,622. It was last sold for £159,000 in September 2024, which was around 29% below the average September 2024 detached price in the County Durham local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

3 MICKLE COURT Sold Prices

Land registry data shows two sales for 3 MICKLE COURT 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 MICKLE COURT 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
2024 20 SEP	£159,000	£222,515	29% below HPI
2019 30 MAY	£131,995	£174,316	24% below HPI

3 MICKLE COURT 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 MICKLE COURT sales from May 2019 and September 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 May 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 3 MICKLE COURT be worth now?

3 MICKLE COURT might now be worth an estimated £167,622.

This is based on house price inflation of 5.4%, between September 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 5.4% inflationary increase is applied to the most recent sale price for 3 MICKLE COURT of £159,000 on 20th September 2024. For the value to have increased from £159,000 to £167,622 over the nine months to December 2024, the following assumptions must hold true:

• The value of 3 MICKLE COURT has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2024 sale price of £159,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MICKLE COURT has not materially changed since September 2024.

How Large is 3 MICKLE COURT?

3 MICKLE COURT is 72m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 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 MICKLE COURT lies on this distribution: 5% of detached houses houses are smaller than 3 MICKLE COURT, and 93% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

3 MICKLE COURT: Plot and Title Map

3 MICKLE COURT sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 3 MICKLE COURT, 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 MICKLE COURT). 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 MICKLE COURT?

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