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
48 RUNSWICK DRIVE is a large extended detached house of 120m², built sometime between 2003 and 2006. It was last sold for £310,000 in July 2019, which was around 84% above the average July 2019 detached price in the County Durham local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 48 RUNSWICK DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the five 48 RUNSWICK DRIVE 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 |
---|---|---|---|
2019 25 JUL | £310,000 | £168,728 | 84% above HPI |
2012 2 MAR | £227,000 | £156,774 | 45% above HPI |
2007 11 MAY | £232,000 | £183,519 | 26% above HPI |
2004 16 JAN | £178,000 | £127,054 | 40% above HPI |
2003 16 SEP | £155,000 | £120,875 | 28% above HPI |
The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The five 48 RUNSWICK DRIVE sales between September 2003 and July 2019 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 2012 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the July 2019 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.
48 RUNSWICK DRIVE is 120m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the largest 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 48 RUNSWICK DRIVE lies on this distribution: 67% of detached houses are smaller than 48 RUNSWICK DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Seaham.
48 RUNSWICK DRIVE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 48 RUNSWICK DRIVE, 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 48 RUNSWICK DRIVE). 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.
48 RUNSWICK DRIVE is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 48 on RUNSWICK DRIVE.