55, NEVILLE ROAD, PETERLEE, SR8 2AJ - £62,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

55 NEVILLE ROAD is a very small semi-detached house of 67m², built sometime between 1950 and 1966. It was last sold for £62,500 in May 2015, which was around 61% below the average May 2015 detached price in the County Durham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

55 NEVILLE ROAD Sold Prices

Land registry data shows three sales for 55 NEVILLE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 55 NEVILLE ROAD 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
2015 26 MAY	£62,500	£158,611	61% below HPI
2004 6 FEB	£53,500	£126,417	58% below HPI
1998 12 AUG	£26,000	£73,393	65% below HPI

55 NEVILLE ROAD 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 three 55 NEVILLE ROAD sales between August 1998 and May 2015 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 February 2004 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the May 2015 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 55 NEVILLE ROAD?

55 NEVILLE ROAD is 67m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 55 NEVILLE ROAD lies on this distribution: 3% of detached houses are smaller than 55 NEVILLE ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

55 NEVILLE ROAD: Plot and Title Map

55 NEVILLE ROAD sits on a plot of roughly 0.045 of an acre, or 180m². The below map shows the location of 55 NEVILLE ROAD, 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 NEVILLE ROAD). 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 NEVILLE ROAD?

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