22, CHESTNUT WAY, SEAHAM, SR7 7RN - £147,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

22 CHESTNUT WAY is a small detached house of 94m², built sometime between 1991 and 1995. It was last sold for £147,000 in October 2004, which was around 7% below the average October 2004 detached price in the County Durham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was B.

22 CHESTNUT WAY Sold Prices

Land registry data shows two sales for 22 CHESTNUT WAY 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 22 CHESTNUT WAY sales were 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
2004 25 OCT	£147,000	£157,634	7% below HPI
2004 29 JUN	£90,000	£143,112	37% below HPI

22 CHESTNUT WAY 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 CHESTNUT WAY sales from June 2004 and October 2004 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2004 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 22 CHESTNUT WAY?

22 CHESTNUT WAY is 94m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of detached houses in Seaham, based on EPC data. The below chart shows the distribution of detached houses by size in Seaham, and where 22 CHESTNUT WAY lies on this distribution: 33% of detached houses are smaller than 22 CHESTNUT WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Seaham.

22 CHESTNUT WAY: Plot and Title Map

22 CHESTNUT WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 22 CHESTNUT WAY, 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 CHESTNUT WAY). 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 CHESTNUT WAY?

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