5, MARWOOD GROVE, PETERLEE, SR8 1NN - £279,950

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

5 MARWOOD GROVE is a very large extended detached house of 315m², built sometime between 1991 and 1995. It was last sold for £279,950 in July 2007, which was around 45% above the average July 2007 detached price in the County Durham local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was C.

5 MARWOOD GROVE Sold Prices

Land registry data shows two sales for 5 MARWOOD 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 MARWOOD 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
2007 17 JUL	£279,950	£192,828	45% above HPI
2004 1 OCT	£244,000	£162,040	51% above HPI

5 MARWOOD 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 MARWOOD GROVE sales from October 2004 and July 2007 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 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the July 2007 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 5 MARWOOD GROVE be worth now?

5 MARWOOD GROVE might now be worth an estimated £340,568.

This is based on house price inflation of 21.7%, between July 2007 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 21.7% inflationary increase is applied to the most recent sale price for 5 MARWOOD GROVE of £279,950 on 17th July 2007. For the value to have increased from £279,950 to £340,568 over the sixteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 5 MARWOOD GROVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2007 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of 5 MARWOOD GROVE has not materially changed since July 2007.

How Large is 5 MARWOOD GROVE?

5 MARWOOD GROVE is 315m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 10% 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 MARWOOD GROVE lies on this distribution: 99% of detached houses houses are smaller than 5 MARWOOD GROVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

5 MARWOOD GROVE: Plot and Title Map

5 MARWOOD GROVE sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 5 MARWOOD 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 MARWOOD 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 MARWOOD GROVE?

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