37, EIGHTH STREET, PETERLEE, SR8 4LY - £40,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

37 EIGHTH STREET is a very small detached house of 70m², built sometime between 1930 and 1949. It was last sold for £40,000 in February 2007, which was around 78% below the average February 2007 detached price in the County Durham local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

37 EIGHTH STREET Sold Prices

Land registry data shows three sales for 37 EIGHTH STREET 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 37 EIGHTH STREET 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
2007 2 FEB	£40,000	£181,815	78% below HPI
2004 9 NOV	£32,000	£158,649	80% below HPI
1998 20 MAR	£10,500	£70,863	85% below HPI

37 EIGHTH STREET 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 37 EIGHTH STREET sales between March 1998 and February 2007 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 80% below the HPI. So the extrapolation line tracks at 80% below the HPI over time, until the February 2007 sale, where it rises to 78% below the HPI. The line then continues to track at 78% below the HPI.

How Large is 37 EIGHTH STREET?

37 EIGHTH STREET is 70m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Horden, based on EPC data. The below chart shows the distribution of detached houses by size in Horden, and where 37 EIGHTH STREET lies on this distribution: 1% of detached houses are smaller than 37 EIGHTH STREET, and 99% of houses are larger. Note that EPC data is not available for all properties in Horden.

37 EIGHTH STREET: Plot and Title Map

37 EIGHTH STREET sits on a plot of roughly 0.018 of an acre, or 74m². The below map shows the location of 37 EIGHTH STREET, 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 37 EIGHTH STREET). 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 37 EIGHTH STREET?

37 EIGHTH STREET is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 37 on EIGHTH STREET.