32, OAKERSIDE DRIVE, PETERLEE, SR8 1JN - £85,000

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 OAKERSIDE DRIVE is a small semi-detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £90,249. It was last sold for £85,000 in July 2024, which was around 33% below the average July 2024 semi-detached price in the County Durham local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

32 OAKERSIDE DRIVE Sold Prices

Land registry data shows two sales for 32 OAKERSIDE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two 32 OAKERSIDE DRIVE 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 31 JUL	£85,000	£127,570	33% below HPI
2013 12 APR	£60,000	£91,559	34% below HPI

32 OAKERSIDE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The two 32 OAKERSIDE DRIVE sales from April 2013 and July 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 April 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2024 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 32 OAKERSIDE DRIVE be worth now?

32 OAKERSIDE DRIVE might now be worth an estimated £90,249.

This is based on house price inflation of 6.2%, between July 2024 and December 2024, for semi-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 6.2% inflationary increase is applied to the most recent sale price for 32 OAKERSIDE DRIVE of £85,000 on 31st July 2024. For the value to have increased from £85,000 to £90,249 over the seven months to December 2024, the following assumptions must hold true:

• The value of 32 OAKERSIDE DRIVE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The July 2024 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 32 OAKERSIDE DRIVE has not materially changed since July 2024.

How Large is 32 OAKERSIDE DRIVE?

32 OAKERSIDE DRIVE is 91m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% of semi-detached houses houses in Peterlee, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Peterlee, and where 32 OAKERSIDE DRIVE lies on this distribution: 34% of semi-detached houses houses are smaller than 32 OAKERSIDE DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

32 OAKERSIDE DRIVE: Plot and Title Map

32 OAKERSIDE DRIVE sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 32 OAKERSIDE DRIVE, 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 OAKERSIDE DRIVE). 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 OAKERSIDE DRIVE?

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