CARMEL GROVE, SEASIDE LANE, EASINGTON, PETERLEE, SR8 3AS - £195,000

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

CARMEL GROVE is a midsized extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £195,000 in July 2019, which was around 16% above the average July 2019 detached price in the County Durham local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

CARMEL GROVE Sold Prices

Land registry data shows three sales for CARMEL GROVE 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. One of the three CARMEL GROVE sales was for above the average price, whilst two 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
2019 5 JUL	£195,000	£168,728	16% above HPI
2011 30 NOV	£140,000	£165,010	15% below HPI
1997 2 MAY	£62,000	£68,205	9% below HPI

CARMEL 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 three CARMEL GROVE sales between May 1997 and July 2019 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 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2019 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is CARMEL GROVE?

CARMEL GROVE is 103m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 50% of detached houses in Easington, based on EPC data. The below chart shows the distribution of detached houses by size in Easington, and where CARMEL GROVE lies on this distribution: 50% of detached houses are smaller than CARMEL GROVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Easington.

CARMEL GROVE: Plot and Title Map

CARMEL GROVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of CARMEL 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 CARMEL 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 CARMEL GROVE?

CARMEL GROVE is located on SEASIDE LANE in EASINGTON, in the SR8 postcode district. The below map shows the position of CARMEL GROVE on SEASIDE LANE.