67, CUMBRIAN WAY, PETERLEE, SR8 5PL - £131,000

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

67 CUMBRIAN WAY is a large detached house of 115m², built sometime between 1967 and 1975. It was last sold for £131,000 in December 2005, which was around 25% below the average December 2005 detached price in the County Durham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

67 CUMBRIAN WAY Sold Prices

Land registry data shows three sales for 67 CUMBRIAN WAY 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 67 CUMBRIAN WAY 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 22 DEC	£131,000	£174,474	25% below HPI
1998 25 SEP	£48,000	£73,843	35% below HPI
1997 27 MAR	£33,500	£66,847	50% below HPI

67 CUMBRIAN WAY 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 67 CUMBRIAN WAY sales between March 1997 and December 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 1998 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2005 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 67 CUMBRIAN WAY?

67 CUMBRIAN WAY is 115m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 67 CUMBRIAN WAY lies on this distribution: 65% of detached houses are smaller than 67 CUMBRIAN WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

67 CUMBRIAN WAY: Plot and Title Map

67 CUMBRIAN WAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 67 CUMBRIAN WAY, 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 67 CUMBRIAN WAY). 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 67 CUMBRIAN WAY?

67 CUMBRIAN WAY is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 67 on CUMBRIAN WAY.