HOLMEDENE, EGREMONT GROVE, PETERLEE, SR8 1PJ - £265,000

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

HOLMEDENE is a very large extended detached house of 146m², built sometime between 1991 and 1995. It was last sold for £265,000 in July 2018, which was around 56% above the average July 2018 detached price in the County Durham local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was C.

HOLMEDENE Sold Prices

Land registry data shows four sales for HOLMEDENE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four HOLMEDENE 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
2018 27 JUL	£265,000	£170,261	56% above HPI
2015 13 NOV	£232,000	£160,465	45% above HPI
2000 11 DEC	£118,000	£80,251	47% above HPI
1997 28 AUG	£112,000	£72,939	54% above HPI

HOLMEDENE 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 four HOLMEDENE sales between August 1997 and July 2018 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 November 2015 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the July 2018 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is HOLMEDENE?

HOLMEDENE is 146m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 20% of detached houses in Peterlee, based on EPC data. The below chart shows the distribution of detached houses by size in Peterlee, and where HOLMEDENE lies on this distribution: 85% of detached houses are smaller than HOLMEDENE, and 14% of houses are larger. Note that EPC data is not available for all properties in Peterlee.

HOLMEDENE: Plot and Title Map

HOLMEDENE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of HOLMEDENE, 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 HOLMEDENE). 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 HOLMEDENE?

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