17, REDWOOD, SEAHAM, SR7 7RS - £180,000

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.

17 REDWOOD is a midsized detached house of 104m², built sometime between 1996 and 2002, which could now be worth an estimated £230,829. It was last sold for £180,000 in November 2020, which was around 2% below the average November 2020 detached price in the County Durham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.

17 REDWOOD Sold Prices

Land registry data shows two sales for 17 REDWOOD 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 17 REDWOOD sales 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
2020 20 NOV	£180,000	£184,160	2% below HPI
2005 28 JAN	£126,950	£163,520	22% below HPI

17 REDWOOD 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 17 REDWOOD sales from January 2005 and November 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 January 2005 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2020 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 17 REDWOOD be worth now?

17 REDWOOD might now be worth an estimated £230,829.

This is based on house price inflation of 28.2%, between November 2020 and February 2025, for 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 28.2% inflationary increase is applied to the most recent sale price for 17 REDWOOD of £180,000 on 20th November 2020. For the value to have increased from £180,000 to £230,829 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 17 REDWOOD has moved in line with the HPI for detached houses in the County Durham local authority area.
• The November 2020 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 17 REDWOOD has not materially changed since November 2020.

How Large is 17 REDWOOD?

17 REDWOOD is 104m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% of detached houses houses in Seaham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Seaham, and where 17 REDWOOD lies on this distribution: 48% of detached houses houses are smaller than 17 REDWOOD, and 51% of houses are larger. Note that EPC data is not available for all properties in Seaham.

17 REDWOOD: Plot and Title Map

17 REDWOOD sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 17 REDWOOD, 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 17 REDWOOD). 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 17 REDWOOD?

17 REDWOOD is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 17 on REDWOOD.