7, QUINN CLOSE, PETERLEE, SR8 5UE - £149,999

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

7 QUINN CLOSE is a very small detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £216,627. It was last sold for £149,999 in April 2012, which was around 8% below the average April 2012 detached price in the County Durham local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

7 QUINN CLOSE Sold Prices

Land registry data shows two sales for 7 QUINN CLOSE 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 QUINN CLOSE 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
2012 27 APR	£149,999	£163,527	8% below HPI
2003 18 AUG	£113,000	£121,834	7% below HPI

7 QUINN CLOSE 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 QUINN CLOSE sales from August 2003 and April 2012 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 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2012 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 7 QUINN CLOSE be worth now?

7 QUINN CLOSE might now be worth an estimated £216,627.

This is based on house price inflation of 44.4%, between April 2012 and February 2025, 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 44.4% inflationary increase is applied to the most recent sale price for 7 QUINN CLOSE of £149,999 on 27th April 2012. For the value to have increased from £149,999 to £216,627 over the thirteen years and two months to February 2025, the following assumptions must hold true:

• The value of 7 QUINN CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2012 sale price of £149,999 represented a fair market value for the property.
• The size, condition, and specification of 7 QUINN CLOSE has not materially changed since April 2012.

How Large is 7 QUINN CLOSE?

7 QUINN CLOSE is 76m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% 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 7 QUINN CLOSE lies on this distribution: 9% of detached houses houses are smaller than 7 QUINN CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

7 QUINN CLOSE: Plot and Title Map

7 QUINN CLOSE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 7 QUINN CLOSE, 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 QUINN CLOSE). 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 QUINN CLOSE?

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