64, OAKERSIDE DRIVE, PETERLEE, SR8 1JT - £83,000

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

64 OAKERSIDE DRIVE is a midsized detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £118,258. It was last sold for £83,000 in February 2016, which was around 50% below the average February 2016 detached price in the County Durham local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was E.

64 OAKERSIDE DRIVE Sold Prices

Land registry data shows three sales for 64 OAKERSIDE DRIVE 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 64 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
2016 19 FEB	£83,000	£164,642	50% below HPI
2013 15 AUG	£78,000	£165,316	53% below HPI
2003 7 FEB	£54,000	£107,034	50% below HPI

64 OAKERSIDE DRIVE 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 64 OAKERSIDE DRIVE sales between February 2003 and February 2016 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 August 2013 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the February 2016 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 64 OAKERSIDE DRIVE be worth now?

64 OAKERSIDE DRIVE might now be worth an estimated £118,258.

This is based on house price inflation of 42.5%, between February 2016 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 42.5% inflationary increase is applied to the most recent sale price for 64 OAKERSIDE DRIVE of £83,000 on 19th February 2016. For the value to have increased from £83,000 to £118,258 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 64 OAKERSIDE DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The February 2016 sale price of £83,000 represented a fair market value for the property.
• The size, condition, and specification of 64 OAKERSIDE DRIVE has not materially changed since February 2016.

How Large is 64 OAKERSIDE DRIVE?

64 OAKERSIDE DRIVE is 105m² according to the EPC inspection conducted in November 2009. This puts it in the largest 50% 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 64 OAKERSIDE DRIVE lies on this distribution: 52% of detached houses houses are smaller than 64 OAKERSIDE DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

64 OAKERSIDE DRIVE: Plot and Title Map

64 OAKERSIDE DRIVE sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 64 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 64 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 64 OAKERSIDE DRIVE?

64 OAKERSIDE DRIVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 64 on OAKERSIDE DRIVE.