9, PARADISE CRESCENT, PETERLEE, SR8 3HB - £140,000

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

9 PARADISE CRESCENT is a small extended detached house of 90m², built sometime between 1930 and 1949. It was last sold for £140,000 in June 2015, which was around 14% below the average June 2015 detached price in the County Durham local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was C.

9 PARADISE CRESCENT Sold Prices

Land registry data shows two sales for 9 PARADISE CRESCENT 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 PARADISE CRESCENT 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
2015 30 JUN	£140,000	£162,266	14% below HPI
1997 24 OCT	£62,000	£70,874	13% below HPI

9 PARADISE CRESCENT 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 PARADISE CRESCENT sales from October 1997 and June 2015 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 October 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 9 PARADISE CRESCENT?

9 PARADISE CRESCENT is 90m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of detached houses in Easington, based on EPC data. The below chart shows the distribution of detached houses by size in Easington, and where 9 PARADISE CRESCENT lies on this distribution: 24% of detached houses are smaller than 9 PARADISE CRESCENT, and 75% of houses are larger. Note that EPC data is not available for all properties in Easington.

9 PARADISE CRESCENT: Plot and Title Map

9 PARADISE CRESCENT sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 9 PARADISE CRESCENT, 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 PARADISE CRESCENT). 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 PARADISE CRESCENT?

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