78, FAIRBAIRN ROAD, PETERLEE, SR8 5EW - £97,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

78 FAIRBAIRN ROAD is a large detached house of 115m², built sometime between 2003 and 2006, which could now be worth an estimated £120,698. It was last sold for £97,500 in April 2021, which was around 49% below the average April 2021 detached price in the County Durham local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

78 FAIRBAIRN ROAD Sold Prices

Land registry data shows two sales for 78 FAIRBAIRN ROAD 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 78 FAIRBAIRN ROAD 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
2021 15 APR	£97,500	£190,774	49% below HPI
2013 28 JUN	£104,500	£161,109	35% below HPI

78 FAIRBAIRN ROAD 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 78 FAIRBAIRN ROAD sales from June 2013 and April 2021 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 June 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2021 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 78 FAIRBAIRN ROAD be worth now?

78 FAIRBAIRN ROAD might now be worth an estimated £120,698.

This is based on house price inflation of 23.8%, between April 2021 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 23.8% inflationary increase is applied to the most recent sale price for 78 FAIRBAIRN ROAD of £97,500 on 15th April 2021. For the value to have increased from £97,500 to £120,698 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 78 FAIRBAIRN ROAD has moved in line with the HPI for detached houses in the County Durham local authority area.
• The April 2021 sale price of £97,500 represented a fair market value for the property.
• The size, condition, and specification of 78 FAIRBAIRN ROAD has not materially changed since April 2021.

How Large is 78 FAIRBAIRN ROAD?

78 FAIRBAIRN ROAD is 115m² according to the EPC inspection conducted in May 2023. This puts it in the largest 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 78 FAIRBAIRN ROAD lies on this distribution: 65% of detached houses houses are smaller than 78 FAIRBAIRN ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

78 FAIRBAIRN ROAD: Plot and Title Map

78 FAIRBAIRN ROAD sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 78 FAIRBAIRN ROAD, 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 78 FAIRBAIRN ROAD). 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 78 FAIRBAIRN ROAD?

78 FAIRBAIRN ROAD is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 78 on FAIRBAIRN ROAD.