5 Paradise Lane, Easington, Peterlee, SR8 3EX is a freehold terraced property built between 1900-1929. The property offers approximately 1,884 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £79,081 , which equates to approximately £42 per square foot. It was last sold on 7 Jun 2019 for £57,000. Since then, the value has increased by £22,081, representing a 38.7% increase, or approximately 5.9% per year.

The current estimated value of £79,081 is:

  • 48.4% lower than the average property price on Paradise Lane
  • 35.8% lower than the average in the SR8 3EX postcode area
  • and 33.9% lower than the average price for Peterlee as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. 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 11 September 2015, the property was recorded as owner-occupied.

View sold house prices in SR8 3EX

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
1884 sq ft
Tenure
Freehold
Price (estimate)
£79,081
Price Per sq ft (estimate)
£42
Bedroom Count (estimate)
6 bedrooms

EPC Summary

5 Paradise Lane, Easington, Peterlee, County Durham, Durham, SR8 3EX has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 11 Sep 2015.

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 19 Jul 2013. The rating of D remains the same, but the energy efficiency score improved by 23.6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 50 mm loft insulation, improving energy efficiency from very poor to poor.
  • The lighting was updated from low energy lighting in 8% of fixed outlets to low energy lighting in 36% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 36% of fixed outlets
Average

Compared to SR8 3EX

9 th / 10
Price Rank
36% lower than average
1 st / 8
Size Rank
31% bigger than average
8 th / 8
Price Per Sq FT Rank
51% lower than average

Compared to other properties in SR8 3EX , this house's estimated value ranks 9th out of 10. Based on price per square foot, it ranks 8th out of 8 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 8 properties in its postcode area.

Sale History

Today
£79,081
streetscan.co.uk estimate
+39 %
7 Jun 2019
£57,000
Leasehold

Area Insights

Nearby Properties

rooms: 5
size: 1087 sq ft
sale price: £75,000
sale date: 30 Apr 2021
rooms: 5
size: 1076 sq ft
sale price: £90,000
sale date: 25 Mar 2022
rooms: 4
size: 1098 sq ft
sale price: £31,000
sale date: 6 Nov 1998
rooms: 7
size: 1808 sq ft
sale price: £106,500
sale date: 19 Jul 2024
rooms: 5
size: 1130 sq ft
sale price: £130,000
sale date: 10 Feb 2016

Data Sources

The property at 5 Paradise Lane, Easington, Peterlee, County Durham, Durham, SR8 3EX appears once in the Land Registry records, with the transaction recorded on 7 Jun 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Sep 2015. 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.