7, HAZEL CRESCENT, PETERLEE, SR8 3HP - £80,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 HAZEL CRESCENT is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £80,000 in August 2011, which was around 52% below the average August 2011 detached price in the County Durham local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

7 HAZEL CRESCENT Sold Prices

Land registry data shows two sales for 7 HAZEL CRESCENT 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 7 HAZEL CRESCENT 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
2011 23 AUG	£80,000	£164,973	52% below HPI
1998 4 DEC	£30,500	£72,843	58% below HPI

7 HAZEL CRESCENT 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 7 HAZEL CRESCENT sales from December 1998 and August 2011 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 December 1998 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the August 2011 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 7 HAZEL CRESCENT?

7 HAZEL CRESCENT is 61m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Easington, based on EPC data. The below chart shows the distribution of detached houses by size in Easington, and where 7 HAZEL CRESCENT lies on this distribution: 1% of detached houses are smaller than 7 HAZEL CRESCENT, and 99% of houses are larger. Note that EPC data is not available for all properties in Easington.

7 HAZEL CRESCENT: Plot and Title Map

7 HAZEL CRESCENT sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 7 HAZEL CRESCENT, 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 7 HAZEL CRESCENT). 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 7 HAZEL CRESCENT?

7 HAZEL CRESCENT is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 7 on HAZEL CRESCENT.