GLENCOE, EGREMONT GROVE, PETERLEE, SR8 1PJ - £370,000

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

GLENCOE is a very large detached house of 231m², built sometime between 1991 and 1995. It was last sold for £370,000 in August 2021, which was around 88% above the average August 2021 detached price in the County Durham local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

GLENCOE Sold Prices

Land registry data shows two sales for GLENCOE 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 GLENCOE 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
2021 13 AUG	£370,000	£196,735	88% above HPI
2013 12 APR	£286,000	£154,977	85% above HPI

GLENCOE 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 GLENCOE sales from April 2013 and August 2021 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 2013 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the August 2021 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is GLENCOE?

GLENCOE is 231m² according to the EPC inspection conducted in August 2012. This puts it in the largest 10% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where GLENCOE lies on this distribution: 97% of detached houses are smaller than GLENCOE, and 3% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

GLENCOE: Plot and Title Map

GLENCOE sits on a plot of roughly 0.177 of an acre, or 716m². The below map shows the location of GLENCOE, 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 GLENCOE). 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 GLENCOE?

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