12, RUNSWICK DRIVE, SEAHAM, SR7 7WR - £265,000

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.

12 RUNSWICK DRIVE is a midsized extended detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £309,462. It was last sold for £265,000 in August 2021, which was around 31% above the average August 2021 detached price in the County Durham local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

12 RUNSWICK DRIVE Sold Prices

Land registry data shows five sales for 12 RUNSWICK DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Most of the five 12 RUNSWICK DRIVE 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
2021 6 AUG	£265,000	£202,233	31% above HPI
2018 7 SEP	£230,000	£178,893	29% above HPI
2007 14 SEP	£178,000	£197,773	10% below HPI
2005 1 APR	£170,000	£168,204	1% above HPI
2004 3 SEP	£140,000	£159,394	12% below HPI

12 RUNSWICK DRIVE 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 five 12 RUNSWICK DRIVE sales between September 2004 and August 2021 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 September 2018 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the August 2021 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 12 RUNSWICK DRIVE be worth now?

12 RUNSWICK DRIVE might now be worth an estimated £309,462.

This is based on house price inflation of 16.8%, between August 2021 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 16.8% inflationary increase is applied to the most recent sale price for 12 RUNSWICK DRIVE of £265,000 on 6th August 2021. For the value to have increased from £265,000 to £309,462 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 12 RUNSWICK DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The August 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RUNSWICK DRIVE has not materially changed since August 2021.

How Large is 12 RUNSWICK DRIVE?

12 RUNSWICK DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 50% of detached houses houses in Seaham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Seaham, and where 12 RUNSWICK DRIVE lies on this distribution: 58% of detached houses houses are smaller than 12 RUNSWICK DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Seaham.

12 RUNSWICK DRIVE: Plot and Title Map

12 RUNSWICK DRIVE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 12 RUNSWICK DRIVE, 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 12 RUNSWICK DRIVE). 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 12 RUNSWICK DRIVE?

12 RUNSWICK DRIVE is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 12 on RUNSWICK DRIVE.