18, WEYBOURNE LEA, SEAHAM, SR7 7WE - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 WEYBOURNE LEA is a very small detached house of 80m², built sometime between 2003 and 2006. It was last sold for £245,000 in January 2021, which was around 33% above the average January 2021 detached price in the County Durham local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

18 WEYBOURNE LEA Sold Prices

Land registry data shows three sales for 18 WEYBOURNE LEA 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 WEYBOURNE LEA 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 15 JAN	£245,000	£184,130	33% above HPI
2016 11 MAR	£205,000	£160,653	28% above HPI
2005 30 SEP	£186,000	£173,801	7% above HPI

18 WEYBOURNE LEA 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 WEYBOURNE LEA sales between September 2005 and January 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 March 2016 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the January 2021 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 18 WEYBOURNE LEA?

18 WEYBOURNE LEA is 80m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 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 WEYBOURNE LEA lies on this distribution: 12% of detached houses are smaller than 18 WEYBOURNE LEA, and 86% of houses are larger. Note that EPC data is not available for all properties in Seaham.

18 WEYBOURNE LEA: Plot and Title Map

18 WEYBOURNE LEA sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 18 WEYBOURNE LEA, 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 WEYBOURNE LEA). 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 WEYBOURNE LEA?

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