4, MITCHELL CLOSE, PETERLEE, SR8 2QA - £133,000

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 MITCHELL CLOSE is a very small extended semi-detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £191,138. It was last sold for £133,000 in June 2014, which was around 41% above the average June 2014 semi-detached price in the County Durham local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was B.

4 MITCHELL CLOSE Sold Prices

Land registry data shows three sales for 4 MITCHELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the three 4 MITCHELL CLOSE 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
2014 13 JUN	£133,000	£94,249	41% above HPI
2007 13 JUN	£149,950	£111,754	34% above HPI
1997 28 FEB	£57,000	£37,621	52% above HPI

4 MITCHELL CLOSE 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 three 4 MITCHELL CLOSE sales between February 1997 and June 2014 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 June 2007 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2014 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 4 MITCHELL CLOSE be worth now?

4 MITCHELL CLOSE might now be worth an estimated £191,138.

This is based on house price inflation of 43.7%, between June 2014 and December 2024, 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 43.7% inflationary increase is applied to the most recent sale price for 4 MITCHELL CLOSE of £133,000 on 13th June 2014. For the value to have increased from £133,000 to £191,138 over the nine years and six months to December 2024, the following assumptions must hold true:

• The value of 4 MITCHELL CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The June 2014 sale price of £133,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MITCHELL CLOSE has not materially changed since June 2014.

How Large is 4 MITCHELL CLOSE?

4 MITCHELL CLOSE is 75m², which includes two extensions, according to the EPC inspection conducted in August 2012. 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 MITCHELL CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 4 MITCHELL CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

4 MITCHELL CLOSE: Plot and Title Map

4 MITCHELL CLOSE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 4 MITCHELL CLOSE, 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 MITCHELL CLOSE). 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 MITCHELL CLOSE?

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