Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
18 CHEVIOT GARDENS is a very small detached house of 59m², built sometime between 1991 and 1995. It was last sold for £123,500 in August 2023, which was around 41% below the average August 2023 detached price in the County Durham local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 18 CHEVIOT GARDENS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 18 CHEVIOT GARDENS sales were for below 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 |
---|---|---|---|
2023 31 AUG | £123,500 | £208,144 | 41% below HPI |
2002 11 SEP | £67,150 | £96,423 | 30% below HPI |
1999 30 JUL | £41,000 | £75,137 | 45% below HPI |
1995 24 NOV | £41,000 | £65,223 | 37% below HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The four 18 CHEVIOT GARDENS sales between November 1995 and August 2023 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 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2023 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.
18 CHEVIOT GARDENS is 59m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses in Seaham, based on EPC data. The below chart shows the distribution of detached houses by size in Seaham, and where 18 CHEVIOT GARDENS lies on this distribution: 1% of detached houses are smaller than 18 CHEVIOT GARDENS, and 99% of houses are larger. Note that EPC data is not available for all properties in Seaham.
18 CHEVIOT GARDENS sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 18 CHEVIOT GARDENS, 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 18 CHEVIOT GARDENS). 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.
18 CHEVIOT GARDENS is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 18 on CHEVIOT GARDENS.