3, QUANTOCK PLACE, PETERLEE, SR8 2LW - £86,500

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 QUANTOCK PLACE is a small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £123,245. It was last sold for £86,500 in February 2016, which was around 47% below the average February 2016 detached price in the County Durham local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

3 QUANTOCK PLACE Sold Prices

Land registry data shows two sales for 3 QUANTOCK PLACE 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 QUANTOCK PLACE 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
2016 8 FEB	£86,500	£164,642	47% below HPI
2002 18 JAN	£36,750	£88,055	58% below HPI

3 QUANTOCK PLACE 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 QUANTOCK PLACE sales from January 2002 and February 2016 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 2002 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the February 2016 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 3 QUANTOCK PLACE be worth now?

3 QUANTOCK PLACE might now be worth an estimated £123,245.

This is based on house price inflation of 42.5%, between February 2016 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 42.5% inflationary increase is applied to the most recent sale price for 3 QUANTOCK PLACE of £86,500 on 8th February 2016. For the value to have increased from £86,500 to £123,245 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 3 QUANTOCK PLACE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2016 sale price of £86,500 represented a fair market value for the property.
• The size, condition, and specification of 3 QUANTOCK PLACE has not materially changed since February 2016.

How Large is 3 QUANTOCK PLACE?

3 QUANTOCK PLACE is 83m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% 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 QUANTOCK PLACE lies on this distribution: 20% of detached houses houses are smaller than 3 QUANTOCK PLACE, and 80% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

3 QUANTOCK PLACE: Plot and Title Map

3 QUANTOCK PLACE sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 3 QUANTOCK PLACE, 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 QUANTOCK PLACE). 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 QUANTOCK PLACE?

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