2, VILLAGE FARM, MURTON, SEAHAM, SR7 9DN - £445,000

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

2 VILLAGE FARM is a very large detached house of 284m². It was last sold for £445,000 in June 2021, which was around 130% above the average June 2021 detached price in the County Durham local authority area. The most recent EPC inspection was September 2018, where the current energy rating was B, and the potential energy rating was B.

2 VILLAGE FARM Sold Prices

Land registry data shows two sales for 2 VILLAGE FARM 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. One of the two 2 VILLAGE FARM sales was for above the average price, whilst the other was 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
2021 11 JUN	£445,000	£193,890	130% above HPI
2016 25 NOV	£93,000	£163,106	43% below HPI

2 VILLAGE FARM 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 VILLAGE FARM sales from November 2016 and June 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 November 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2021 sale, where it rises to 130% above the HPI. The line then continues to track at 130% above the HPI.

How Large is 2 VILLAGE FARM?

2 VILLAGE FARM is 284m² according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of detached houses in Murton, based on EPC data. The below chart shows the distribution of detached houses by size in Murton, and where 2 VILLAGE FARM lies on this distribution: 97% of detached houses are smaller than 2 VILLAGE FARM, and 3% of houses are larger. Note that EPC data is not available for all properties in Murton.

2 VILLAGE FARM: Plot and Title Map

2 VILLAGE FARM sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 2 VILLAGE FARM, 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 VILLAGE FARM). 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 VILLAGE FARM?

2 VILLAGE FARM is located in MURTON, in the SR7 postcode district. The below map shows the position of No. 2 on VILLAGE FARM.