55, BERWICK CHASE, PETERLEE, SR8 1NQ - £175,000

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

55 BERWICK CHASE is a large detached house of 117m², built sometime between 1983 and 1990. It was last sold for £175,000 in February 2018, which was around 2% above the average February 2018 detached price in the County Durham local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

55 BERWICK CHASE Sold Prices

Land registry data shows two sales for 55 BERWICK CHASE 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 55 BERWICK CHASE 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
2018 15 FEB	£175,000	£170,823	2% above HPI
2014 28 MAR	£180,000	£151,481	19% above HPI

55 BERWICK CHASE 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 55 BERWICK CHASE sales from March 2014 and February 2018 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 2014 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2018 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 55 BERWICK CHASE be worth now?

55 BERWICK CHASE might now be worth an estimated £240,317.

This is based on house price inflation of 37.3%, between February 2018 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 37.3% inflationary increase is applied to the most recent sale price for 55 BERWICK CHASE of £175,000 on 15th February 2018. For the value to have increased from £175,000 to £240,317 over the five years and two months to December 2024, the following assumptions must hold true:

• The value of 55 BERWICK CHASE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2018 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 55 BERWICK CHASE has not materially changed since February 2018.

How Large is 55 BERWICK CHASE?

55 BERWICK CHASE is 117m² according to the EPC inspection conducted in October 2012. This puts it in the largest 40% 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 55 BERWICK CHASE lies on this distribution: 67% of detached houses houses are smaller than 55 BERWICK CHASE, and 32% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

55 BERWICK CHASE: Plot and Title Map

55 BERWICK CHASE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 55 BERWICK CHASE, 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 55 BERWICK CHASE). 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 55 BERWICK CHASE?

55 BERWICK CHASE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 55 on BERWICK CHASE.