7, CHERRY GROVE, SEAHAM, SR7 7RR - £140,000

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

7 CHERRY GROVE is a very small extended detached house of 84m², built sometime between 2003 and 2006. It was last sold for £140,000 in July 2008, which was around 27% below the average July 2008 detached price in the County Durham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

7 CHERRY GROVE Sold Prices

Land registry data shows two sales for 7 CHERRY GROVE 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 7 CHERRY GROVE 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
2008 25 JUL	£140,000	£190,975	27% below HPI
2004 28 MAY	£82,450	£137,556	40% below HPI

7 CHERRY GROVE 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 7 CHERRY GROVE sales from May 2004 and July 2008 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 May 2004 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2008 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 7 CHERRY GROVE?

7 CHERRY GROVE is 84m², which includes two extensions, according to the EPC inspection conducted in August 2020. 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 7 CHERRY GROVE lies on this distribution: 19% of detached houses are smaller than 7 CHERRY GROVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Seaham.

7 CHERRY GROVE: Plot and Title Map

7 CHERRY GROVE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 7 CHERRY GROVE, 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 7 CHERRY GROVE). 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 7 CHERRY GROVE?

7 CHERRY GROVE is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 7 on CHERRY GROVE.