24, RUTLAND STREET, SEAHAM, SR7 0AR - £118,000

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

24 RUTLAND STREET is a very small extended detached house of 62m², built sometime between 1900 and 1929. It was last sold for £118,000 in April 2023, which was around 42% below the average April 2023 detached price in the County Durham local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

24 RUTLAND STREET Sold Prices

Land registry data shows three sales for 24 RUTLAND STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 24 RUTLAND STREET 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
2023 14 APR	£118,000	£202,725	42% below HPI
2022 4 MAY	£116,000	£201,348	42% below HPI
1998 10 JUN	£28,500	£71,732	60% below HPI

24 RUTLAND STREET 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 three 24 RUTLAND STREET sales between June 1998 and April 2023 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 May 2022 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the April 2023 sale, which was also at 42% below the HPI.

How Large is 24 RUTLAND STREET?

24 RUTLAND STREET is 62m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% of detached houses in Seaham, based on EPC data. The below chart shows the distribution of detached houses by size in Seaham, and where 24 RUTLAND STREET lies on this distribution: 2% of detached houses are smaller than 24 RUTLAND STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Seaham.

24 RUTLAND STREET: Plot and Title Map

24 RUTLAND STREET sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 24 RUTLAND STREET, 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 24 RUTLAND STREET). 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 24 RUTLAND STREET?

24 RUTLAND STREET is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 24 on RUTLAND STREET.