CORNER HOUSE, SUNDERLAND ROAD, HORDEN, PETERLEE, SR8 4PF - £90,000

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.

CORNER HOUSE is a midsized extended detached house of 112m², built sometime between 1930 and 1949, which could now be worth an estimated £117,799. It was last sold for £90,000 in October 2020, which was around 50% below the average October 2020 detached price in the County Durham local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

CORNER HOUSE Sold Prices

Land registry data shows three sales for CORNER HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three CORNER 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
2020 16 OCT	£90,000	£180,433	50% below HPI
2016 27 JUN	£60,000	£164,132	63% below HPI
2002 24 MAY	£55,000	£92,118	40% below HPI

CORNER 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 three CORNER HOUSE sales between May 2002 and October 2020 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 June 2016 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the October 2020 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might CORNER HOUSE be worth now?

CORNER HOUSE might now be worth an estimated £117,799.

This is based on house price inflation of 30.9%, between October 2020 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 30.9% inflationary increase is applied to the most recent sale price for CORNER HOUSE of £90,000 on 16th October 2020. For the value to have increased from £90,000 to £117,799 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of CORNER HOUSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2020 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of CORNER HOUSE has not materially changed since October 2020.

How Large is CORNER HOUSE?

CORNER HOUSE is 112m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 50% of detached houses houses in Horden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horden, and where CORNER HOUSE lies on this distribution: 52% of detached houses houses are smaller than CORNER HOUSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Horden.

CORNER HOUSE: Plot and Title Map

CORNER HOUSE sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of CORNER 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 CORNER 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 CORNER HOUSE?

CORNER HOUSE is located on SUNDERLAND ROAD in HORDEN, in the SR8 postcode district. The below map shows the position of CORNER HOUSE on SUNDERLAND ROAD.