8, PENZANCE COURT, MURTON, SEAHAM, SR7 9JT - £137,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 PENZANCE COURT is a small detached house of 104m², built sometime between 2003 and 2006. It was last sold for £137,500 in May 2017, which was around 14% below the average May 2017 detached price in the County Durham local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

8 PENZANCE COURT Sold Prices

Land registry data shows three sales for 8 PENZANCE COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 8 PENZANCE COURT 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
2017 5 MAY	£137,500	£160,536	14% below HPI
2004 15 NOV	£115,000	£158,649	28% below HPI
2001 28 NOV	£15,000	£86,862	83% below HPI

8 PENZANCE 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 three 8 PENZANCE COURT sales between November 2001 and May 2017 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 November 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 8 PENZANCE COURT?

8 PENZANCE COURT is 104m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% of detached houses in Murton, based on EPC data. The below chart shows the distribution of detached houses by size in Murton, and where 8 PENZANCE COURT lies on this distribution: 35% of detached houses are smaller than 8 PENZANCE COURT, and 65% of houses are larger. Note that EPC data is not available for all properties in Murton.

8 PENZANCE COURT: Plot and Title Map

8 PENZANCE COURT sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 8 PENZANCE 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 8 PENZANCE 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 8 PENZANCE COURT?

8 PENZANCE COURT is located in MURTON, in the SR7 postcode district. The below map shows the position of No. 8 on PENZANCE COURT.