48, RUNSWICK DRIVE, SEAHAM, SR7 7WR - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 RUNSWICK DRIVE is a large extended detached house of 120m², built sometime between 2003 and 2006, which could now be worth an estimated £422,101. It was last sold for £310,000 in July 2019, which was around 79% 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.

48 RUNSWICK DRIVE Sold Prices

Land registry data shows five sales for 48 RUNSWICK DRIVE since 1^st 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	£173,444	79% above HPI
2012 2 MAR	£227,000	£161,155	41% above HPI
2007 11 MAY	£232,000	£188,648	23% above HPI
2004 16 JAN	£178,000	£130,605	36% above HPI
2003 16 SEP	£155,000	£124,253	25% above HPI

48 RUNSWICK DRIVE 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 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 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the July 2019 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might 48 RUNSWICK DRIVE be worth now?

48 RUNSWICK DRIVE might now be worth an estimated £422,101.

This is based on house price inflation of 36.2%, between July 2019 and February 2025, for detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.2% inflationary increase is applied to the most recent sale price for 48 RUNSWICK DRIVE of £310,000 on 25th July 2019. For the value to have increased from £310,000 to £422,101 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 48 RUNSWICK DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The July 2019 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 48 RUNSWICK DRIVE has not materially changed since July 2019.

How Large is 48 RUNSWICK DRIVE?

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 houses in Seaham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Seaham, and where 48 RUNSWICK DRIVE lies on this distribution: 67% of detached houses 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: Plot and Title Map

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.

Where is 48 RUNSWICK DRIVE?

48 RUNSWICK DRIVE is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 48 on RUNSWICK DRIVE.