44, BALMORAL DRIVE, PETERLEE, SR8 1QP - £170,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

44 BALMORAL DRIVE is a small extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £170,000 in November 2018, which was around 1% below the average November 2018 detached price in the County Durham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

44 BALMORAL DRIVE Sold Prices

Land registry data shows four sales for 44 BALMORAL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. One of the four 44 BALMORAL DRIVE sales was for below the average price, whilst two 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
2018 30 NOV	£170,000	£172,349	1% below HPI
2018 24 AUG	£170,000	£169,680	Close to HPI
2003 9 MAY	£125,000	£110,608	13% above HPI
2001 9 NOV	£87,950	£86,862	1% above HPI

44 BALMORAL DRIVE 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 four 44 BALMORAL DRIVE sales between November 2001 and November 2018 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 August 2018 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 44 BALMORAL DRIVE?

44 BALMORAL DRIVE is 93m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 40% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 44 BALMORAL DRIVE lies on this distribution: 37% of detached houses are smaller than 44 BALMORAL DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

44 BALMORAL DRIVE: Plot and Title Map

44 BALMORAL DRIVE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 44 BALMORAL DRIVE, 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 44 BALMORAL DRIVE). 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 44 BALMORAL DRIVE?

44 BALMORAL DRIVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 44 on BALMORAL DRIVE.