5, PARKLANDS COURT, SEAHAM, SR7 0AG - £235,000

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.

5 PARKLANDS COURT is a very large extended detached house of 177m², built sometime between 1996 and 2002, which could now be worth an estimated £323,705. It was last sold for £235,000 in January 2020, which was around 37% above the average January 2020 detached price in the County Durham local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

5 PARKLANDS COURT Sold Prices

Land registry data shows two sales for 5 PARKLANDS COURT 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 5 PARKLANDS COURT 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
2020 10 JAN	£235,000	£171,448	37% above HPI
2013 10 DEC	£225,000	£160,036	41% above HPI

5 PARKLANDS COURT 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 5 PARKLANDS COURT sales from December 2013 and January 2020 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 December 2013 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the January 2020 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 5 PARKLANDS COURT be worth now?

5 PARKLANDS COURT might now be worth an estimated £323,705.

This is based on house price inflation of 37.7%, between January 2020 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 37.7% inflationary increase is applied to the most recent sale price for 5 PARKLANDS COURT of £235,000 on 10th January 2020. For the value to have increased from £235,000 to £323,705 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 PARKLANDS COURT has moved in line with the HPI for detached houses in the County Durham local authority area.
• The January 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARKLANDS COURT has not materially changed since January 2020.

How Large is 5 PARKLANDS COURT?

5 PARKLANDS COURT is 177m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 10% 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 5 PARKLANDS COURT lies on this distribution: 91% of detached houses houses are smaller than 5 PARKLANDS COURT, and 9% of houses are larger. Note that EPC data is not available for all properties in Seaham.

5 PARKLANDS COURT: Plot and Title Map

5 PARKLANDS COURT sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 5 PARKLANDS COURT, 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 5 PARKLANDS COURT). 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 5 PARKLANDS COURT?

5 PARKLANDS COURT is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 5 on PARKLANDS COURT.