55, TREVELYAN PLACE, PETERLEE, SR8 2NL - £65,000

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 TREVELYAN PLACE is a small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £65,000 in August 2023, which was around 70% below the average August 2023 detached price in the County Durham local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

55 TREVELYAN PLACE Sold Prices

Land registry data shows two sales for 55 TREVELYAN PLACE 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 TREVELYAN PLACE 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
2023 30 AUG	£65,000	£214,066	70% below HPI
2006 7 SEP	£87,500	£186,734	53% below HPI

55 TREVELYAN PLACE 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 TREVELYAN PLACE sales from September 2006 and August 2023 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 2006 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the August 2023 sale, where it falls to 70% below the HPI. The line then continues to track at 70% below the HPI.

What might 55 TREVELYAN PLACE be worth now?

55 TREVELYAN PLACE might now be worth an estimated £71,229.

This is based on house price inflation of 9.6%, between August 2023 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 9.6% inflationary increase is applied to the most recent sale price for 55 TREVELYAN PLACE of £65,000 on 30th August 2023. For the value to have increased from £65,000 to £71,229 over the eight months to December 2024, the following assumptions must hold true:

• The value of 55 TREVELYAN PLACE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2023 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 55 TREVELYAN PLACE has not materially changed since August 2023.

How Large is 55 TREVELYAN PLACE?

55 TREVELYAN PLACE is 90m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 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 TREVELYAN PLACE lies on this distribution: 33% of detached houses houses are smaller than 55 TREVELYAN PLACE, and 66% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

55 TREVELYAN PLACE: Plot and Title Map

55 TREVELYAN PLACE sits on a plot of roughly 0.020 of an acre, or 80m². The below map shows the location of 55 TREVELYAN PLACE, 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 TREVELYAN PLACE). 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 TREVELYAN PLACE?

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