31, SHADFORTH CLOSE, PETERLEE, SR8 2NG - £234,000

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

31 SHADFORTH CLOSE is a large extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £334,438. It was last sold for £234,000 in June 2016, which was around 43% above the average June 2016 detached price in the County Durham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was C.

31 SHADFORTH CLOSE Sold Prices

Land registry data shows three sales for 31 SHADFORTH CLOSE 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 SHADFORTH CLOSE sales were for above 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 2 JUN	£234,000	£164,132	43% above HPI
2004 5 NOV	£180,000	£163,083	10% above HPI
2004 19 MAR	£140,000	£131,803	6% above HPI

31 SHADFORTH 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 three 31 SHADFORTH CLOSE sales between March 2004 and June 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 November 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2016 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 31 SHADFORTH CLOSE be worth now?

31 SHADFORTH CLOSE might now be worth an estimated £334,438.

This is based on house price inflation of 42.9%, between June 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 42.9% inflationary increase is applied to the most recent sale price for 31 SHADFORTH CLOSE of £234,000 on 2nd June 2016. For the value to have increased from £234,000 to £334,438 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 31 SHADFORTH CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2016 sale price of £234,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SHADFORTH CLOSE has not materially changed since June 2016.

How Large is 31 SHADFORTH CLOSE?

31 SHADFORTH CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 40% 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 31 SHADFORTH CLOSE lies on this distribution: 69% of detached houses houses are smaller than 31 SHADFORTH CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

31 SHADFORTH CLOSE: Plot and Title Map

31 SHADFORTH CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 31 SHADFORTH 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 31 SHADFORTH 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.

Where is 31 SHADFORTH CLOSE?

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