2, CRASTER POINT, SEAHAM, SR7 7WW - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 CRASTER POINT is a very large detached house of 145m², built sometime between 2003 and 2006, which could now be worth an estimated £403,040. It was last sold for £275,000 in October 2014, which was around 71% above the average October 2014 detached price in the County Durham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

2 CRASTER POINT Sold Prices

Land registry data shows two sales for 2 CRASTER POINT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 2 CRASTER POINT 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
2014 31 OCT	£275,000	£161,138	71% above HPI
2006 30 JUN	£295,000	£184,534	60% above HPI

2 CRASTER POINT 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 two 2 CRASTER POINT sales from June 2006 and October 2014 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 June 2006 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the October 2014 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 2 CRASTER POINT be worth now?

2 CRASTER POINT might now be worth an estimated £403,040.

This is based on house price inflation of 46.6%, between October 2014 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 46.6% inflationary increase is applied to the most recent sale price for 2 CRASTER POINT of £275,000 on 31st October 2014. For the value to have increased from £275,000 to £403,040 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 CRASTER POINT has moved in line with the HPI for detached houses in the County Durham local authority area.
• The October 2014 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CRASTER POINT has not materially changed since October 2014.

How Large is 2 CRASTER POINT?

2 CRASTER POINT is 145m² according to the EPC inspection conducted in February 2014. This puts it in the largest 20% 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 2 CRASTER POINT lies on this distribution: 83% of detached houses houses are smaller than 2 CRASTER POINT, and 17% of houses are larger. Note that EPC data is not available for all properties in Seaham.

2 CRASTER POINT: Plot and Title Map

2 CRASTER POINT sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 2 CRASTER POINT, 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 2 CRASTER POINT). 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 2 CRASTER POINT?

2 CRASTER POINT is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 2 on CRASTER POINT.