9, BALMORAL DRIVE, PETERLEE, SR8 1QP - £199,950

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.

9 BALMORAL DRIVE is a large detached house of 134m², built sometime between 1991 and 1995, which could now be worth an estimated £310,126. It was last sold for £199,950 in July 2004, which was around 31% above the average July 2004 detached price in the County Durham local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

9 BALMORAL DRIVE Sold Prices

Land registry data shows two sales for 9 BALMORAL DRIVE 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 9 BALMORAL DRIVE sales were for above 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
2004 23 JUL	£199,950	£152,264	31% above HPI
2002 19 APR	£118,500	£89,966	32% above HPI

9 BALMORAL DRIVE 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 9 BALMORAL DRIVE sales from April 2002 and July 2004 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 April 2002 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the July 2004 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 9 BALMORAL DRIVE be worth now?

9 BALMORAL DRIVE might now be worth an estimated £310,126.

This is based on house price inflation of 55.1%, between July 2004 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 55.1% inflationary increase is applied to the most recent sale price for 9 BALMORAL DRIVE of £199,950 on 23rd July 2004. For the value to have increased from £199,950 to £310,126 over the 21 years and five months to February 2025, the following assumptions must hold true:

• The value of 9 BALMORAL DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2004 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 9 BALMORAL DRIVE has not materially changed since July 2004.

How Large is 9 BALMORAL DRIVE?

9 BALMORAL DRIVE is 134m² according to the EPC inspection conducted in November 2016. This puts it in the largest 30% 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 9 BALMORAL DRIVE lies on this distribution: 79% of detached houses houses are smaller than 9 BALMORAL DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

9 BALMORAL DRIVE: Plot and Title Map

9 BALMORAL DRIVE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 9 BALMORAL DRIVE, 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 9 BALMORAL DRIVE). 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 9 BALMORAL DRIVE?

9 BALMORAL DRIVE is located in PETERLEE, in the SR8 postcode district. The below map shows the position of No. 9 on BALMORAL DRIVE.