BEDE HOUSE, GLEBE TERRACE, PETERLEE, SR8 3DH - £124,000

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

BEDE HOUSE is a midsized extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £124,000 in February 2014, which was around 18% below the average February 2014 detached price in the County Durham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

BEDE HOUSE Sold Prices

Land registry data shows two sales for BEDE HOUSE 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 BEDE HOUSE 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
2014 10 FEB	£124,000	£151,012	18% below HPI
2001 7 AUG	£51,000	£84,551	40% below HPI

BEDE HOUSE 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 BEDE HOUSE sales from August 2001 and February 2014 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 August 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2014 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is BEDE HOUSE?

BEDE HOUSE is 102m², which includes three extensions, according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of detached houses in Easington, based on EPC data. The below chart shows the distribution of detached houses by size in Easington, and where BEDE HOUSE lies on this distribution: 49% of detached houses are smaller than BEDE HOUSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Easington.

BEDE HOUSE: Plot and Title Map

BEDE HOUSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of BEDE HOUSE, 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 BEDE HOUSE). 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 BEDE HOUSE?

BEDE HOUSE is located on GLEBE TERRACE in PETERLEE, in the SR8 postcode district. The below map shows the position of BEDE HOUSE on GLEBE TERRACE.