Threw a massive party in my house, family, friends the whole lot showed up. Was a great night, I ended up passing out with a bottle of jaegermeister at my feet in my computer chair at about 8 am ^_^
The only problem about going out to town at that age is not all of your friends may be able to go if some of them are younger. Another problem I had was being male, bouncers where I live aren't too fond of letting large groups of young males into pubs or nightclubs so to avoid any disapointment or drama I decided to have the party at home.