25, REDWOOD, SEAHAM, SR7 7RS - £227,000

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

25 REDWOOD is a midsized detached house of 110m², built sometime between 1996 and 2002. It was last sold for £227,000 in July 2024, which was around 5% above the average July 2024 detached price in the County Durham local authority area. The most recent EPC inspection was October 2023, where the current energy rating was B, and the potential energy rating was B.

25 REDWOOD Sold Prices

Land registry data shows three sales for 25 REDWOOD 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. One of the three 25 REDWOOD sales was for above the average price, whilst two 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
2024 26 JUL	£227,000	£215,472	5% above HPI
2013 7 MAY	£149,995	£157,080	5% below HPI
2005 21 FEB	£149,950	£161,537	7% below HPI

25 REDWOOD 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 25 REDWOOD sales between February 2005 and July 2024 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 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2024 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 25 REDWOOD?

25 REDWOOD is 110m² according to the EPC inspection conducted in October 2023. This puts it in the largest 50% of detached houses in Seaham, based on EPC data. The below chart shows the distribution of detached houses by size in Seaham, and where 25 REDWOOD lies on this distribution: 55% of detached houses are smaller than 25 REDWOOD, and 44% of houses are larger. Note that EPC data is not available for all properties in Seaham.

25 REDWOOD: Plot and Title Map

25 REDWOOD sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 25 REDWOOD, 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 25 REDWOOD). 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 25 REDWOOD?

25 REDWOOD is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 25 on REDWOOD.