38, LAMBTON COURT, PETERLEE, SR8 1NG - £205,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

38 LAMBTON COURT is a midsized extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £205,000 in May 2015, which was around 29% above the average May 2015 detached price in the County Durham local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

38 LAMBTON COURT Sold Prices

Land registry data shows two sales for 38 LAMBTON COURT 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. One of the two 38 LAMBTON COURT sales was for above the average price, whilst the other was 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
2015 14 MAY	£205,000	£158,611	29% above HPI
2005 2 DEC	£170,000	£174,474	3% below HPI

38 LAMBTON COURT 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 38 LAMBTON COURT sales from December 2005 and May 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 December 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2015 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 38 LAMBTON COURT?

38 LAMBTON COURT is 101m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 50% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 38 LAMBTON COURT lies on this distribution: 48% of detached houses are smaller than 38 LAMBTON COURT, and 51% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

38 LAMBTON COURT: Plot and Title Map

38 LAMBTON COURT sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 38 LAMBTON COURT, 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 38 LAMBTON COURT). 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 38 LAMBTON COURT?

38 LAMBTON COURT is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 38 on LAMBTON COURT.