48, LAKEMORE, PETERLEE, SR8 1DZ - £152,500

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

48 LAKEMORE is a very small semi-detached house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £165,817. It was last sold for £152,500 in September 2023, which was around 22% above the average September 2023 semi-detached price in the County Durham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

48 LAKEMORE Sold Prices

Land registry data shows six sales for 48 LAKEMORE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the six 48 LAKEMORE 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
2023 29 SEP	£152,500	£124,570	22% above HPI
2008 9 MAY	£124,150	£113,313	10% above HPI
2005 4 NOV	£123,000	£103,532	19% above HPI
2004 4 JUN	£114,950	£84,378	36% above HPI
2002 9 APR	£63,950	£47,578	34% above HPI
1999 26 MAR	£54,000	£39,548	37% above HPI

48 LAKEMORE 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 six 48 LAKEMORE sales between March 1999 and September 2023 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 2008 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2023 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 48 LAKEMORE be worth now?

48 LAKEMORE might now be worth an estimated £165,817.

This is based on house price inflation of 8.7%, between September 2023 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 8.7% inflationary increase is applied to the most recent sale price for 48 LAKEMORE of £152,500 on 29th September 2023. For the value to have increased from £152,500 to £165,817 over the nine months to December 2024, the following assumptions must hold true:

• The value of 48 LAKEMORE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The September 2023 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 48 LAKEMORE has not materially changed since September 2023.

How Large is 48 LAKEMORE?

48 LAKEMORE is 77m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% 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 48 LAKEMORE lies on this distribution: 12% of semi-detached houses houses are smaller than 48 LAKEMORE, and 87% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

48 LAKEMORE: Plot and Title Map

48 LAKEMORE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 48 LAKEMORE, 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 48 LAKEMORE). 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 48 LAKEMORE?

48 LAKEMORE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 48 on LAKEMORE.