THE RECTORY, HALL WALK, PETERLEE, SR8 3BS - £379,000

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.

THE RECTORY is a very large extended detached house of 281m², built sometime between 1900 and 1929, which could now be worth an estimated £532,572. It was last sold for £379,000 in July 2016, which was around 126% above the average July 2016 detached price in the County Durham local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

THE RECTORY Sold Prices

Land registry data shows two sales for THE RECTORY 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 THE RECTORY 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
2016 15 JUL	£379,000	£168,064	126% above HPI
1997 2 MAY	£148,000	£70,111	111% above HPI

THE RECTORY 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 THE RECTORY sales from May 1997 and July 2016 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 May 1997 sale was for 111% above the HPI. So the extrapolation line tracks at 111% above the HPI over time, until the July 2016 sale, where it rises to 126% above the HPI. The line then continues to track at 126% above the HPI.

What might THE RECTORY be worth now?

THE RECTORY might now be worth an estimated £532,572.

This is based on house price inflation of 40.5%, between July 2016 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 40.5% inflationary increase is applied to the most recent sale price for THE RECTORY of £379,000 on 15th July 2016. For the value to have increased from £379,000 to £532,572 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of THE RECTORY has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2016 sale price of £379,000 represented a fair market value for the property.
• The size, condition, and specification of THE RECTORY has not materially changed since July 2016.

How Large is THE RECTORY?

THE RECTORY is 281m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 10% of detached houses houses in Easington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Easington, and where THE RECTORY lies on this distribution: More than 99% of detached houses houses are smaller than THE RECTORY, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Easington.

THE RECTORY: Plot and Title Map

THE RECTORY sits on a plot of roughly 0.412 of an acre, or 1,668m². The below map shows the location of THE RECTORY, 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 THE RECTORY). 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 THE RECTORY?

THE RECTORY is located on HALL WALK in PETERLEE, in the SR8 postcode district. The below map shows the position of THE RECTORY on HALL WALK.