2, ELDERBERRY CLOSE, SEAHAM, SR7 7FB - £185,000

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.

2 ELDERBERRY CLOSE is a very small detached house of 80m², built in 2016, which could now be worth an estimated £202,826. It was last sold for £185,000 in December 2023, which was around 15% below the average December 2023 detached price in the County Durham local authority area. The most recent EPC inspection was September 2019, where the current energy rating was B, and the potential energy rating was A.

2 ELDERBERRY CLOSE Sold Prices

Land registry data shows three sales for 2 ELDERBERRY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 2 ELDERBERRY CLOSE 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
2023 8 DEC	£185,000	£217,178	15% below HPI
2022 30 NOV	£200,000	£222,902	10% below HPI
2020 24 JAN	£169,995	£171,448	1% below HPI

2 ELDERBERRY CLOSE 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 three 2 ELDERBERRY CLOSE sales between January 2020 and December 2023 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 2022 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 ELDERBERRY CLOSE be worth now?

2 ELDERBERRY CLOSE might now be worth an estimated £202,826.

This is based on house price inflation of 9.6%, between December 2023 and April 2026, 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 9.6% inflationary increase is applied to the most recent sale price for 2 ELDERBERRY CLOSE of £185,000 on 8th December 2023. For the value to have increased from £185,000 to £202,826 over the three years and eight months to April 2026, the following assumptions must hold true:

• The value of 2 ELDERBERRY CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2023 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELDERBERRY CLOSE has not materially changed since December 2023.

How Large is 2 ELDERBERRY CLOSE?

2 ELDERBERRY CLOSE is 80m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% 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 2 ELDERBERRY CLOSE lies on this distribution: 12% of detached houses houses are smaller than 2 ELDERBERRY CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Seaham.

2 ELDERBERRY CLOSE: Plot and Title Map

2 ELDERBERRY CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 2 ELDERBERRY CLOSE, 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 2 ELDERBERRY CLOSE). 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 2 ELDERBERRY CLOSE?

2 ELDERBERRY CLOSE is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 2 on ELDERBERRY CLOSE.