LONNEN HOUSE, THE VILLAGE, MURTON, SEAHAM, SR7 9RN - £177,000

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

LONNEN HOUSE is a very small detached house of 75m², built sometime between 1930 and 1949. It was last sold for £177,000 in October 2020, which was around 1% above the average October 2020 detached price in the County Durham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

LONNEN HOUSE Sold Prices

Land registry data shows two sales for LONNEN HOUSE 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 LONNEN HOUSE 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
2020 9 OCT	£177,000	£175,528	1% above HPI
2012 5 JUL	£102,000	£160,086	36% below HPI

LONNEN HOUSE 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 LONNEN HOUSE sales from July 2012 and October 2020 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 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2020 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is LONNEN HOUSE?

LONNEN HOUSE is 75m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Murton, based on EPC data. The below chart shows the distribution of detached houses by size in Murton, and where LONNEN HOUSE lies on this distribution: 10% of detached houses are smaller than LONNEN HOUSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Murton.

LONNEN HOUSE: Plot and Title Map

LONNEN HOUSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of LONNEN HOUSE, 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 LONNEN HOUSE). 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 LONNEN HOUSE?

LONNEN HOUSE is located on THE VILLAGE in MURTON, in the SR7 postcode district. The below map shows the position of LONNEN HOUSE on THE VILLAGE.