8, SUTHERLAND STREET, SEAHAM, SR7 0AX - £96,000

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

8 SUTHERLAND STREET is a very small extended detached house of 61m², built sometime between 1930 and 1949. It was last sold for £96,000 in June 2021, which was around 50% below the average June 2021 detached price in the County Durham local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

8 SUTHERLAND STREET Sold Prices

Land registry data shows three sales for 8 SUTHERLAND STREET 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 SUTHERLAND STREET 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
2021 16 JUN	£96,000	£193,890	50% below HPI
2004 30 JUL	£78,000	£148,124	47% below HPI
2001 3 AUG	£31,500	£84,551	63% below HPI

8 SUTHERLAND STREET 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 SUTHERLAND STREET sales between August 2001 and June 2021 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 July 2004 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2021 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 8 SUTHERLAND STREET?

8 SUTHERLAND STREET is 61m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% 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 SUTHERLAND STREET lies on this distribution: 2% of detached houses are smaller than 8 SUTHERLAND STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Seaham.

8 SUTHERLAND STREET: Plot and Title Map

8 SUTHERLAND STREET sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 8 SUTHERLAND STREET, 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 SUTHERLAND STREET). 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 SUTHERLAND STREET?

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