ASHVALE, EGREMONT GROVE, PETERLEE, SR8 1PJ - £200,000

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

ASHVALE is a large extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £200,000 in May 2012, which was around 25% above the average May 2012 detached price in the County Durham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was B.

ASHVALE Sold Prices

Land registry data shows two sales for ASHVALE 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 ASHVALE 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
2012 18 MAY	£200,000	£159,981	25% above HPI
1999 15 OCT	£92,000	£77,409	19% above HPI

ASHVALE 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 ASHVALE sales from October 1999 and May 2012 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 1999 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2012 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is ASHVALE?

ASHVALE is 116m², which includes one extension, according to the EPC inspection conducted in July 2015. 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 ASHVALE lies on this distribution: 66% of detached houses are smaller than ASHVALE, and 33% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

ASHVALE: Plot and Title Map

ASHVALE sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of ASHVALE, 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 ASHVALE). 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 ASHVALE?

ASHVALE is located on EGREMONT GROVE in PETERLEE, in the SR8 postcode district. The below map shows the position of ASHVALE on EGREMONT GROVE.