5, REDWOOD, SEAHAM, SR7 7RS - £136,000

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

5 REDWOOD is a very small detached house of 81m², built sometime between 2003 and 2006. It was last sold for £136,000 in June 2013, which was around 13% below the average June 2013 detached price in the County Durham local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

5 REDWOOD Sold Prices

Land registry data shows two sales for 5 REDWOOD 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 REDWOOD sales were for below 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
2013 28 JUN	£136,000	£156,729	13% below HPI
2004 15 OCT	£88,950	£157,634	44% below HPI

5 REDWOOD 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 REDWOOD sales from October 2004 and June 2013 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 October 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2013 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 5 REDWOOD?

5 REDWOOD is 81m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% of detached houses in Seaham, based on EPC data. The below chart shows the distribution of detached houses by size in Seaham, and where 5 REDWOOD lies on this distribution: 14% of detached houses are smaller than 5 REDWOOD, and 85% of houses are larger. Note that EPC data is not available for all properties in Seaham.

5 REDWOOD: Plot and Title Map

5 REDWOOD sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 5 REDWOOD, 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 REDWOOD). 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 REDWOOD?

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