8, CORBY GROVE, PETERLEE, SR8 1PY - £155,000

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

8 CORBY GROVE is a very large extended detached house of 188m², built sometime between 1983 and 1990. It was last sold for £155,000 in October 2016, which was around 6% below the average October 2016 detached price in the County Durham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

8 CORBY GROVE Sold Prices

Land registry data shows two sales for 8 CORBY GROVE 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 8 CORBY GROVE 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
2016 21 OCT	£155,000	£164,431	6% below HPI
2000 7 JUL	£73,500	£81,192	9% below HPI

8 CORBY GROVE 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 8 CORBY GROVE sales from July 2000 and October 2016 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 July 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2016 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 8 CORBY GROVE?

8 CORBY GROVE is 188m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where 8 CORBY GROVE lies on this distribution: 93% of detached houses are smaller than 8 CORBY GROVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

8 CORBY GROVE: Plot and Title Map

8 CORBY GROVE sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 8 CORBY GROVE, 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 8 CORBY GROVE). 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 8 CORBY GROVE?

8 CORBY GROVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 8 on CORBY GROVE.