1, GREGSON VILLAS, THE VILLAGE, MURTON, SEAHAM, SR7 9RN - £155,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 GREGSON VILLAS is a small extended semi-detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £210,873. It was last sold for £155,000 in August 2018, which was around 55% above the average August 2018 semi-detached price in the County Durham local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

1 GREGSON VILLAS Sold Prices

Land registry data shows three sales for 1 GREGSON VILLAS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. All of the three 1 GREGSON VILLAS 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
2018 17 AUG	£155,000	£100,083	55% above HPI
2006 10 NOV	£120,000	£109,821	9% above HPI
2003 23 DEC	£85,000	£71,259	19% above HPI

1 GREGSON VILLAS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the County Durham local authority area over time, sourced from the HPI. The three 1 GREGSON VILLAS sales between December 2003 and August 2018 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 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2018 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 1 GREGSON VILLAS be worth now?

1 GREGSON VILLAS might now be worth an estimated £210,873.

This is based on house price inflation of 36%, between August 2018 and February 2025, for semi-detached houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36% inflationary increase is applied to the most recent sale price for 1 GREGSON VILLAS of £155,000 on 17th August 2018. For the value to have increased from £155,000 to £210,873 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 1 GREGSON VILLAS has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The August 2018 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GREGSON VILLAS has not materially changed since August 2018.

How Large is 1 GREGSON VILLAS?

1 GREGSON VILLAS is 96m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of semi-detached houses houses in Murton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Murton, and where 1 GREGSON VILLAS lies on this distribution: 25% of semi-detached houses houses are smaller than 1 GREGSON VILLAS, and 75% of houses are larger. Note that EPC data is not available for all properties in Murton.

1 GREGSON VILLAS: Plot and Title Map

1 GREGSON VILLAS sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 1 GREGSON VILLAS, 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 1 GREGSON VILLAS). 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 1 GREGSON VILLAS?

1 GREGSON VILLAS is located on THE VILLAGE in MURTON, in the SR7 postcode district. The below map shows the position of 1 GREGSON VILLAS on THE VILLAGE.