5, BLANCH GROVE, PETERLEE, SR8 5UA - £280,000

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.

5 BLANCH GROVE is a large detached house of 124m², built sometime between 1991 and 1995, which could now be worth an estimated £324,074. It was last sold for £280,000 in September 2021, which was around 37% above the average September 2021 detached price in the County Durham local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was C.

5 BLANCH GROVE Sold Prices

Land registry data shows two sales for 5 BLANCH GROVE 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. Both of the two 5 BLANCH GROVE 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
2021 15 SEP	£280,000	£204,046	37% above HPI
2009 30 JUN	£175,000	£168,414	4% above HPI

5 BLANCH GROVE 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 5 BLANCH GROVE sales from June 2009 and September 2021 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 2009 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 5 BLANCH GROVE be worth now?

5 BLANCH GROVE might now be worth an estimated £324,074.

This is based on house price inflation of 15.7%, between September 2021 and February 2025, 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 15.7% inflationary increase is applied to the most recent sale price for 5 BLANCH GROVE of £280,000 on 15th September 2021. For the value to have increased from £280,000 to £324,074 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 BLANCH GROVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The September 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BLANCH GROVE has not materially changed since September 2021.

How Large is 5 BLANCH GROVE?

5 BLANCH GROVE is 124m² according to the EPC inspection conducted in May 2021. This puts it in the largest 30% 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 5 BLANCH GROVE lies on this distribution: 73% of detached houses houses are smaller than 5 BLANCH GROVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

5 BLANCH GROVE: Plot and Title Map

5 BLANCH GROVE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 5 BLANCH GROVE, 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 5 BLANCH GROVE). 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 5 BLANCH GROVE?

5 BLANCH GROVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 5 on BLANCH GROVE.