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
50 SOUTER DRIVE is a large detached house of 124m², built sometime between 2003 and 2006. It was last sold for £187,000 in February 2011, which was around 15% above the average February 2011 detached price in the County Durham local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 50 SOUTER DRIVE since 1st 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 50 SOUTER 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 |
---|---|---|---|
2011 18 FEB | £187,000 | £163,279 | 15% above HPI |
2005 31 MAR | £179,995 | £161,066 | 12% 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 two 50 SOUTER DRIVE sales from March 2005 and February 2011 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 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2011 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
50 SOUTER DRIVE is 124m² according to the EPC inspection conducted in April 2010. This puts it in the largest 30% of detached houses in Seaham, based on EPC data. The below chart shows the distribution of detached houses by size in Seaham, and where 50 SOUTER DRIVE lies on this distribution: 71% of detached houses are smaller than 50 SOUTER DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Seaham.
50 SOUTER DRIVE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 50 SOUTER 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 50 SOUTER 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.
50 SOUTER DRIVE is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 50 on SOUTER DRIVE.