4, BURNSIDE, PETERLEE, SR8 1BX - £202,000

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

4 BURNSIDE is a large extended detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £298,303. It was last sold for £202,000 in February 2015, which was around 27% above the average February 2015 detached price in the County Durham local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

4 BURNSIDE Sold Prices

Land registry data shows three sales for 4 BURNSIDE 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 4 BURNSIDE 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 20 FEB	£202,000	£158,850	27% above HPI
2006 24 JAN	£229,000	£182,686	25% above HPI
2005 24 JUN	£227,000	£171,432	32% above HPI

4 BURNSIDE 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 4 BURNSIDE sales between June 2005 and February 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 January 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2015 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 4 BURNSIDE be worth now?

4 BURNSIDE might now be worth an estimated £298,303.

This is based on house price inflation of 47.7%, between February 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 47.7% inflationary increase is applied to the most recent sale price for 4 BURNSIDE of £202,000 on 20th February 2015. For the value to have increased from £202,000 to £298,303 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of 4 BURNSIDE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2015 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BURNSIDE has not materially changed since February 2015.

How Large is 4 BURNSIDE?

4 BURNSIDE is 122m², which includes one extension, according to the EPC inspection conducted in July 2013. 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 4 BURNSIDE lies on this distribution: 71% of detached houses houses are smaller than 4 BURNSIDE, and 28% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

4 BURNSIDE: Plot and Title Map

4 BURNSIDE sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 4 BURNSIDE, 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 4 BURNSIDE). 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 4 BURNSIDE?

4 BURNSIDE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 4 on BURNSIDE.