22, CHERRY GROVE, SEAHAM, SR7 7RR - £185,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 CHERRY GROVE is a very small extended detached house of 80m², built sometime between 2003 and 2006, which could now be worth an estimated £237,241. It was last sold for £185,000 in November 2020, which was about the average November 2020 detached price in the County Durham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

22 CHERRY GROVE Sold Prices

Land registry data shows two sales for 22 CHERRY GROVE 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 22 CHERRY GROVE sales was roughly equal to 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
2020 6 NOV	£185,000	£184,160	Close to HPI
2004 22 JUN	£81,450	£147,112	45% below HPI

22 CHERRY GROVE 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 22 CHERRY GROVE sales from June 2004 and November 2020 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 2004 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 22 CHERRY GROVE be worth now?

22 CHERRY GROVE might now be worth an estimated £237,241.

This is based on house price inflation of 28.2%, between November 2020 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 28.2% inflationary increase is applied to the most recent sale price for 22 CHERRY GROVE of £185,000 on 6th November 2020. For the value to have increased from £185,000 to £237,241 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 22 CHERRY GROVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2020 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 22 CHERRY GROVE has not materially changed since November 2020.

How Large is 22 CHERRY GROVE?

22 CHERRY GROVE is 80m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 22 CHERRY GROVE lies on this distribution: 12% of detached houses houses are smaller than 22 CHERRY GROVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Seaham.

22 CHERRY GROVE: Plot and Title Map

22 CHERRY GROVE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 22 CHERRY GROVE, 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 22 CHERRY GROVE). 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 22 CHERRY GROVE?

22 CHERRY GROVE is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 22 on CHERRY GROVE.