5, LAKEMORE, PETERLEE, SR8 1DZ - £120,500

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 LAKEMORE is a very small extended semi-detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £161,806. It was last sold for £120,500 in October 2019, which was around 19% above the average October 2019 semi-detached price in the County Durham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

5 LAKEMORE Sold Prices

Land registry data shows three sales for 5 LAKEMORE 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 5 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
2019 10 OCT	£120,500	£101,401	19% above HPI
2017 17 MAR	£110,000	£93,630	17% above HPI
2000 19 JUL	£53,250	£44,722	19% above HPI

5 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 three 5 LAKEMORE sales between July 2000 and October 2019 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 March 2017 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2019 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 5 LAKEMORE be worth now?

5 LAKEMORE might now be worth an estimated £161,806.

This is based on house price inflation of 34.3%, between October 2019 and February 2025, 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 34.3% inflationary increase is applied to the most recent sale price for 5 LAKEMORE of £120,500 on 10th October 2019. For the value to have increased from £120,500 to £161,806 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 LAKEMORE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The October 2019 sale price of £120,500 represented a fair market value for the property.
• The size, condition, and specification of 5 LAKEMORE has not materially changed since October 2019.

How Large is 5 LAKEMORE?

5 LAKEMORE is 76m², which includes two extensions, according to the EPC inspection conducted in October 2016. 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 5 LAKEMORE lies on this distribution: 9% of semi-detached houses houses are smaller than 5 LAKEMORE, and 88% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

5 LAKEMORE: Plot and Title Map

5 LAKEMORE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 5 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 5 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 5 LAKEMORE?

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