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

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

78 FAIRBAIRN ROAD is a large detached house of 115m², built sometime between 2003 and 2006. It was last sold for £97,500 in April 2021, which was around 47% 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	£185,588	47% below HPI
2013 28 JUN	£104,500	£156,729	33% 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2021 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

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 in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 78 FAIRBAIRN ROAD lies on this distribution: 65% of detached 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.