8, SOUTER DRIVE, SEAHAM, SR7 7WT - £262,500

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

8 SOUTER DRIVE is a very small detached house of 80m², built sometime between 2003 and 2006. It was last sold for £262,500 in April 2023, which was around 29% above the average April 2023 detached price in the County Durham local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

8 SOUTER DRIVE Sold Prices

Land registry data shows two sales for 8 SOUTER DRIVE 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. One of the two 8 SOUTER DRIVE sales was for above the average price, whilst the other was 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
2023 6 APR	£262,500	£202,725	29% above HPI
2006 3 FEB	£142,995	£176,368	19% below HPI

8 SOUTER DRIVE 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 8 SOUTER DRIVE sales from February 2006 and April 2023 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 February 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2023 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 8 SOUTER DRIVE?

8 SOUTER DRIVE is 80m² according to the EPC inspection conducted in October 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 8 SOUTER DRIVE lies on this distribution: 11% of detached houses are smaller than 8 SOUTER DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Seaham.

8 SOUTER DRIVE: Plot and Title Map

8 SOUTER DRIVE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 8 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 8 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.

Where is 8 SOUTER DRIVE?

8 SOUTER DRIVE is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 8 on SOUTER DRIVE.