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
2 PEARTREE RISE is a midsized extended detached house of 268m², built sometime from 2007 onwards. It was last sold for £510,500 in October 2022, which was around 136% above the average October 2022 detached price in the County Durham local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 2 PEARTREE RISE since 1st 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 2 PEARTREE RISE 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 21 OCT | £510,500 | £216,216 | 136% above HPI |
2013 16 JUL | £445,000 | £159,551 | 179% above HPI |
2010 29 OCT | £450,000 | £175,060 | 157% above HPI |
2008 22 FEB | £485,000 | £189,302 | 156% above HPI |
2006 30 NOV | £130,000 | £182,475 | 29% 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 five 2 PEARTREE RISE sales between November 2006 and October 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 July 2013 sale was for 179% above the HPI. So the extrapolation line tracks at 179% above the HPI over time, until the October 2022 sale, where it falls to 136% above the HPI. The line then continues to track at 136% above the HPI.
2 PEARTREE RISE is 268m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 50% of detached houses in Seaton, based on EPC data. The below chart shows the distribution of detached houses by size in Seaton, and where 2 PEARTREE RISE lies on this distribution: 59% of detached houses are smaller than 2 PEARTREE RISE, and 41% of houses are larger. Note that EPC data is not available for all properties in Seaton.
2 PEARTREE RISE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 2 PEARTREE RISE, 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 PEARTREE RISE). 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.
2 PEARTREE RISE is located in SEATON, in the SR7 postcode district. The below map shows the position of No. 2 on PEARTREE RISE.