31, MATTERDALE ROAD, PETERLEE, SR8 5LF - £20,000

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

31 MATTERDALE ROAD is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £20,000 in April 2016, which was around 87% below the average April 2016 detached price in the County Durham local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

31 MATTERDALE ROAD Sold Prices

Land registry data shows three sales for 31 MATTERDALE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 31 MATTERDALE 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
2016 12 APR	£20,000	£159,819	87% below HPI
2002 28 FEB	£30,000	£85,367	65% below HPI
1995 20 OCT	£28,950	£64,810	55% below HPI

31 MATTERDALE 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 three 31 MATTERDALE ROAD sales between October 1995 and April 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 February 2002 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the April 2016 sale, where it falls to 87% below the HPI. The line then continues to track at 87% below the HPI.

How Large is 31 MATTERDALE ROAD?

31 MATTERDALE ROAD is 66m² according to the EPC inspection conducted in February 2011. 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 31 MATTERDALE ROAD lies on this distribution: 2% of detached houses are smaller than 31 MATTERDALE ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

31 MATTERDALE ROAD: Plot and Title Map

31 MATTERDALE ROAD sits on a plot of roughly 0.019 of an acre, or 78m². The below map shows the location of 31 MATTERDALE 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 31 MATTERDALE 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 31 MATTERDALE ROAD?

31 MATTERDALE ROAD is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 31 on MATTERDALE ROAD.