50, OAKERSIDE DRIVE, PETERLEE, SR8 1JS - £74,500

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

50 OAKERSIDE DRIVE is a midsized semi-detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £103,976. It was last sold for £74,500 in April 2005, which was around 23% below the average April 2005 semi-detached price in the County Durham local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

50 OAKERSIDE DRIVE Sold Prices

Land registry data shows three sales for 50 OAKERSIDE DRIVE 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 50 OAKERSIDE DRIVE sales were for below 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
2005 25 APR	£74,500	£97,050	23% below HPI
2004 30 SEP	£66,000	£91,540	28% below HPI
1997 7 MAR	£17,250	£37,416	54% below HPI

50 OAKERSIDE DRIVE 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 50 OAKERSIDE DRIVE sales between March 1997 and April 2005 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 September 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2005 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 50 OAKERSIDE DRIVE be worth now?

50 OAKERSIDE DRIVE might now be worth an estimated £103,976.

This is based on house price inflation of 39.6%, between April 2005 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 39.6% inflationary increase is applied to the most recent sale price for 50 OAKERSIDE DRIVE of £74,500 on 25th April 2005. For the value to have increased from £74,500 to £103,976 over the eighteen years and four months to December 2024, the following assumptions must hold true:

• The value of 50 OAKERSIDE DRIVE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The April 2005 sale price of £74,500 represented a fair market value for the property.
• The size, condition, and specification of 50 OAKERSIDE DRIVE has not materially changed since April 2005.

How Large is 50 OAKERSIDE DRIVE?

50 OAKERSIDE DRIVE is 98m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 50% 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 50 OAKERSIDE DRIVE lies on this distribution: 42% of semi-detached houses houses are smaller than 50 OAKERSIDE DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

50 OAKERSIDE DRIVE: Plot and Title Map

50 OAKERSIDE DRIVE sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 50 OAKERSIDE 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 50 OAKERSIDE 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 50 OAKERSIDE DRIVE?

50 OAKERSIDE DRIVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 50 on OAKERSIDE DRIVE.