PARK HOUSE, UNION STREET, SEAHAM, SR7 7QH - £158,000

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

PARK HOUSE is a very large detached house of 153m², built sometime between 1983 and 1990. It was last sold for £158,000 in April 2015, which was around 1% above the average April 2015 detached price in the County Durham local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was C.

PARK HOUSE Sold Prices

Land registry data shows four sales for PARK HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Most of the four PARK 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
2015 24 APR	£158,000	£156,817	1% above HPI
2002 14 AUG	£98,000	£94,984	3% above HPI
2000 17 NOV	£75,000	£79,895	6% below HPI
1997 23 MAY	£80,000	£68,205	17% above HPI

PARK 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 four PARK HOUSE sales between May 1997 and April 2015 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 August 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is PARK HOUSE?

PARK HOUSE is 153m² according to the EPC inspection conducted in July 2013. This puts it in the largest 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 PARK HOUSE lies on this distribution: 86% of detached houses are smaller than PARK HOUSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Seaham.

PARK HOUSE: Plot and Title Map

PARK HOUSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of PARK 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 PARK 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 PARK HOUSE?

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