5 Lakeland Drive, Peterlee, SR8 5NF is a freehold terraced property built between 1950-1966. The property offers approximately 700 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £83,351 , which equates to approximately £119 per square foot. It was last sold on 23 Aug 2019 for £60,000. Since then, the value has increased by £23,351, representing a 38.9% increase, or approximately 6.1% per year.

The current estimated value of £83,351 is:

  • 8.8% lower than the average property price on Lakeland Drive
  • 0.7% lower than the average in the SR8 5NF postcode area
  • and 30.4% lower than the average price for Peterlee as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (4 out of 4 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 7 June 2017, the property was recorded as owner-occupied.

View sold house prices in SR8 5NF

Building approximate location

About Property

Type
Semi-Detached House
Built
1950-1966
Interior Size
700 sq ft
Tenure
Freehold
Price (estimate)
£83,351
Price Per sq ft (estimate)
£119
Bedroom Count (estimate)
2 bedrooms

EPC Summary

5 Lakeland Drive, Peterlee, Easington, Durham, SR8 5NF has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 7 Jun 2017.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 May 2013, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 11.3%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from good to very good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 150 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 14% of fixed outlets to no low energy lighting, with efficiency changing from poor to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Very Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to SR8 5NF

16 th / 28
Price Rank
1% lower than average
22 nd / 24
Size Rank
14% smaller than average
6 th / 24
Price Per Sq FT Rank
15% higher than average

Compared to other properties in SR8 5NF , this house's estimated value ranks 16th out of 28. Based on price per square foot, it ranks 6th out of 24 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 22th out of 24 properties in its postcode area.

Sale History

Today
£83,351
streetscan.co.uk estimate
+39 %
23 Aug 2019
£60,000
Leasehold
+31.9 %
4 Sep 2017
£45,500
Leasehold
-28.9 %
29 Apr 2005
£64,000
Leasehold
+60 %
28 May 2004
£40,000
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 807 sq ft
sale price: £38,500
sale date: 31 Mar 2005
rooms: 3
size: 646 sq ft
sale price: £26,700
sale date: 16 Mar 1995
rooms: 3
size: 721 sq ft
sale price: £60,000
sale date: 30 Apr 2010
rooms: 4
size: 861 sq ft
sale price: £81,500
sale date: 31 Mar 2006
rooms: 4
size: 947 sq ft
sale price: £59,000
sale date: 27 Jan 2006

Data Sources

The property at 5 Lakeland Drive, Peterlee, SR8 5NF appears four times in the Land Registry records, with the latest transaction recorded on 23 Aug 2019. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jun 2017. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.