35, BALMORAL DRIVE, PETERLEE, SR8 1QP - £237,500

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

35 BALMORAL DRIVE is a small extended detached house of 88m², built sometime between 1996 and 2002. It was last sold for £237,500 in January 2015, which was around 51% above the average January 2015 detached price in the County Durham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

35 BALMORAL DRIVE Sold Prices

Land registry data shows three sales for 35 BALMORAL DRIVE 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 35 BALMORAL DRIVE 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
2015 26 JAN	£237,500	£157,539	51% above HPI
2003 25 APR	£175,000	£112,126	56% above HPI
2001 2 JUL	£115,000	£84,347	36% above HPI

35 BALMORAL DRIVE 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 35 BALMORAL DRIVE sales between July 2001 and January 2015 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 2003 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the January 2015 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 35 BALMORAL DRIVE be worth now?

35 BALMORAL DRIVE might now be worth an estimated £353,646.

This is based on house price inflation of 48.9%, between January 2015 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 48.9% inflationary increase is applied to the most recent sale price for 35 BALMORAL DRIVE of £237,500 on 26th January 2015. For the value to have increased from £237,500 to £353,646 over the eight years and one month to December 2024, the following assumptions must hold true:

• The value of 35 BALMORAL DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The January 2015 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 35 BALMORAL DRIVE has not materially changed since January 2015.

How Large is 35 BALMORAL DRIVE?

35 BALMORAL DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 35 BALMORAL DRIVE lies on this distribution: 29% of detached houses houses are smaller than 35 BALMORAL DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

35 BALMORAL DRIVE: Plot and Title Map

35 BALMORAL DRIVE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 35 BALMORAL 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 35 BALMORAL 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 35 BALMORAL DRIVE?

35 BALMORAL DRIVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 35 on BALMORAL DRIVE.