38, DOUGLAS WAY, MURTON, SEAHAM, SR7 9HX - £240,000

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

38 DOUGLAS WAY is a large detached house of 134m², built sometime from 2007 onwards. It was last sold for £240,000 in September 2021, which was around 21% above the average September 2021 detached price in the County Durham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

38 DOUGLAS WAY Sold Prices

Land registry data shows two sales for 38 DOUGLAS 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 38 DOUGLAS 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
2021 30 SEP	£240,000	£198,499	21% above HPI
2007 30 MAR	£218,000	£181,619	20% above HPI

38 DOUGLAS 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 38 DOUGLAS WAY sales from March 2007 and September 2021 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 March 2007 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2021 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 38 DOUGLAS WAY?

38 DOUGLAS WAY is 134m² according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of detached houses in Murton, based on EPC data. The below chart shows the distribution of detached houses by size in Murton, and where 38 DOUGLAS WAY lies on this distribution: 73% of detached houses are smaller than 38 DOUGLAS WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Murton.

38 DOUGLAS WAY: Plot and Title Map

38 DOUGLAS WAY sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 38 DOUGLAS 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 38 DOUGLAS 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 38 DOUGLAS WAY?

38 DOUGLAS WAY is located in MURTON, in the SR7 postcode district. The below map shows the position of No. 38 on DOUGLAS WAY.