3, MARSDON WAY, SEAHAM, SR7 7WX - £215,000

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

3 MARSDON WAY is a large detached house of 127m², built sometime between 2003 and 2006. It was last sold for £215,000 in April 2008, which was around 14% above the average April 2008 detached price in the County Durham local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

3 MARSDON WAY Sold Prices

Land registry data shows two sales for 3 MARSDON 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 3 MARSDON WAY sales were for above 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
2008 25 APR	£215,000	£189,184	14% above HPI
2004 24 SEP	£190,000	£155,060	23% above HPI

3 MARSDON 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 3 MARSDON WAY sales from September 2004 and April 2008 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 September 2004 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the April 2008 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 3 MARSDON WAY?

3 MARSDON WAY is 127m² according to the EPC inspection conducted in October 2023. This puts it in the largest 30% of detached houses in Seaham, based on EPC data. The below chart shows the distribution of detached houses by size in Seaham, and where 3 MARSDON WAY lies on this distribution: 74% of detached houses are smaller than 3 MARSDON WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Seaham.

3 MARSDON WAY: Plot and Title Map

3 MARSDON WAY sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 3 MARSDON 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 3 MARSDON 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 3 MARSDON WAY?

3 MARSDON WAY is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 3 on MARSDON WAY.