18, MERLIN CLOSE, SEAHAM, SR7 7XH - £370,000

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 MERLIN CLOSE is a very large extended detached house of 141m², built sometime between 1991 and 1995. It was last sold for £370,000 in September 2022, which was around 73% above the average September 2022 detached price in the County Durham local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

18 MERLIN CLOSE Sold Prices

Land registry data shows three sales for 18 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 18 MERLIN CLOSE 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
2022 16 SEP	£370,000	£213,667	73% above HPI
2004 17 AUG	£239,950	£151,670	58% above HPI
2001 27 APR	£94,950	£79,325	20% above HPI

18 MERLIN CLOSE 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 three 18 MERLIN CLOSE sales between April 2001 and September 2022 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 August 2004 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the September 2022 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is 18 MERLIN CLOSE?

18 MERLIN CLOSE is 141m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% 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 MERLIN CLOSE lies on this distribution: 81% of detached houses are smaller than 18 MERLIN CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Seaham.

18 MERLIN CLOSE: Plot and Title Map

18 MERLIN CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 18 MERLIN CLOSE, 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 MERLIN CLOSE). 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 18 MERLIN CLOSE?

18 MERLIN CLOSE is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 18 on MERLIN CLOSE.