32, ELSDON CLOSE, PETERLEE, SR8 1NE - £238,000

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

32 ELSDON CLOSE is a large detached house of 132m², built sometime between 1983 and 1990, which could now be worth an estimated £321,840. It was last sold for £238,000 in July 2020, which was around 37% above the average July 2020 detached price in the County Durham local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

32 ELSDON CLOSE Sold Prices

Land registry data shows two sales for 32 ELSDON CLOSE 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 32 ELSDON 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
2020 6 JUL	£238,000	£173,472	37% above HPI
1995 1 SEP	£84,000	£67,275	25% above HPI

32 ELSDON 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 32 ELSDON CLOSE sales from September 1995 and July 2020 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 September 1995 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2020 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 32 ELSDON CLOSE be worth now?

32 ELSDON CLOSE might now be worth an estimated £321,840.

This is based on house price inflation of 35.2%, between July 2020 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 35.2% inflationary increase is applied to the most recent sale price for 32 ELSDON CLOSE of £238,000 on 6th July 2020. For the value to have increased from £238,000 to £321,840 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 32 ELSDON CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2020 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 32 ELSDON CLOSE has not materially changed since July 2020.

How Large is 32 ELSDON CLOSE?

32 ELSDON CLOSE is 132m² according to the EPC inspection conducted in February 2020. This puts it in the largest 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 32 ELSDON CLOSE lies on this distribution: 78% of detached houses houses are smaller than 32 ELSDON CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

32 ELSDON CLOSE: Plot and Title Map

32 ELSDON CLOSE sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 32 ELSDON 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 32 ELSDON 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 32 ELSDON CLOSE?

32 ELSDON CLOSE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 32 on ELSDON CLOSE.