4, MATTERDALE ROAD, PETERLEE, SR8 5LF - £35,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MATTERDALE ROAD is a very small semi-detached house of 68m², built sometime between 1976 and 1982, which could now be worth an estimated £37,418. It was last sold for £35,000 in November 2022, which was around 73% below the average November 2022 semi-detached price in the County Durham local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

4 MATTERDALE ROAD Sold Prices

Land registry data shows four sales for 4 MATTERDALE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the four 4 MATTERDALE ROAD 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
2022 1 NOV	£35,000	£129,105	73% below HPI
2022 3 MAY	£35,000	£119,622	71% below HPI
2006 18 DEC	£63,000	£110,738	43% below HPI
2004 30 SEP	£49,995	£91,540	45% below HPI

4 MATTERDALE ROAD 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 four 4 MATTERDALE ROAD sales between September 2004 and November 2022 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 May 2022 sale was for 71% below the HPI. So the extrapolation line tracks at 71% below the HPI over time, until the November 2022 sale, where it falls to 73% below the HPI. The line then continues to track at 73% below the HPI.

What might 4 MATTERDALE ROAD be worth now?

4 MATTERDALE ROAD might now be worth an estimated £37,418.

This is based on house price inflation of 6.9%, between November 2022 and March 2025, 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 6.9% inflationary increase is applied to the most recent sale price for 4 MATTERDALE ROAD of £35,000 on 1st November 2022. For the value to have increased from £35,000 to £37,418 over the three years and eight months to March 2025, the following assumptions must hold true:

• The value of 4 MATTERDALE ROAD has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The November 2022 sale price of £35,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MATTERDALE ROAD has not materially changed since November 2022.

How Large is 4 MATTERDALE ROAD?

4 MATTERDALE ROAD is 68m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% 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 4 MATTERDALE ROAD lies on this distribution: 4% of semi-detached houses houses are smaller than 4 MATTERDALE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

4 MATTERDALE ROAD: Plot and Title Map

4 MATTERDALE ROAD sits on a plot of roughly 0.020 of an acre, or 79m². The below map shows the location of 4 MATTERDALE ROAD, 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 MATTERDALE ROAD). 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 MATTERDALE ROAD?

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