MELBOURNE HOUSE, QUEEN STREET, SEAHAM, SR7 7SR - £380,000

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

MELBOURNE HOUSE is a very large detached house of 211m², built sometime between 1900 and 1929. It was last sold for £380,000 in July 2021, which was around 94% above the average July 2021 detached price in the County Durham local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

MELBOURNE HOUSE Sold Prices

Land registry data shows two sales for MELBOURNE 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. Both of the two MELBOURNE HOUSE sales were for above 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 30 JUL	£380,000	£195,760	94% above HPI
1999 28 SEP	£83,000	£77,126	8% above HPI

MELBOURNE 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 MELBOURNE HOUSE sales from September 1999 and July 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 September 1999 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2021 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

How Large is MELBOURNE HOUSE?

MELBOURNE HOUSE is 211m² according to the EPC inspection conducted in September 2011. This puts it in the largest 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 MELBOURNE HOUSE lies on this distribution: 94% of detached houses are smaller than MELBOURNE HOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Seaham.

MELBOURNE HOUSE: Plot and Title Map

MELBOURNE HOUSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of MELBOURNE 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 MELBOURNE 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 MELBOURNE HOUSE?

MELBOURNE HOUSE is located on QUEEN STREET in SEAHAM, in the SR7 postcode district. The below map shows the position of MELBOURNE HOUSE on QUEEN STREET.