4, MONK COURT, PETERLEE, SR8 1JL - £168,500

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 MONK COURT is a very small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £231,632. It was last sold for £168,500 in September 2011, which was around 1% below the average September 2011 detached price in the County Durham local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

4 MONK COURT Sold Prices

Land registry data shows two sales for 4 MONK 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 4 MONK COURT sales was for below the average price, whilst the other was 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
2011 7 SEP	£168,500	£170,645	1% below HPI
2004 15 OCT	£183,000	£162,040	13% above HPI

4 MONK 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 4 MONK COURT sales from October 2004 and September 2011 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 October 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2011 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 4 MONK COURT be worth now?

4 MONK COURT might now be worth an estimated £231,632.

This is based on house price inflation of 37.5%, between September 2011 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 37.5% inflationary increase is applied to the most recent sale price for 4 MONK COURT of £168,500 on 7th September 2011. For the value to have increased from £168,500 to £231,632 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of 4 MONK COURT has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2011 sale price of £168,500 represented a fair market value for the property.
• The size, condition, and specification of 4 MONK COURT has not materially changed since September 2011.

How Large is 4 MONK COURT?

4 MONK COURT is 77m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 20% 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 MONK COURT lies on this distribution: 12% of detached houses houses are smaller than 4 MONK COURT, and 88% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

4 MONK COURT: Plot and Title Map

4 MONK COURT sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 4 MONK 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 4 MONK 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 4 MONK COURT?

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