2, SPRINGFIELD CRESCENT, SEAHAM, SR7 7SU - £71,500

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 SPRINGFIELD CRESCENT is a very large extended terraced house of 172m², built sometime between 1900 and 1929, which could now be worth an estimated £246,261. It was last sold for £71,500 in November 1999, which was around 115% above the average November 1999 terraced price in the County Durham local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

2 SPRINGFIELD CRESCENT Sold Prices

Land registry data shows two sales for 2 SPRINGFIELD CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Both of the two 2 SPRINGFIELD CRESCENT 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
1999 12 NOV	£71,500	£33,264	115% above HPI
1995 14 JUL	£47,000	£30,743	53% above HPI

2 SPRINGFIELD CRESCENT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The two 2 SPRINGFIELD CRESCENT sales from July 1995 and November 1999 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 July 1995 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the November 1999 sale, where it rises to 115% above the HPI. The line then continues to track at 115% above the HPI.

What might 2 SPRINGFIELD CRESCENT be worth now?

2 SPRINGFIELD CRESCENT might now be worth an estimated £246,261.

This is based on house price inflation of 244.4%, between November 1999 and April 2026, for terraced 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 244.4% inflationary increase is applied to the most recent sale price for 2 SPRINGFIELD CRESCENT of £71,500 on 12th November 1999. For the value to have increased from £71,500 to £246,261 over the 27 years and seven months to April 2026, the following assumptions must hold true:

• The value of 2 SPRINGFIELD CRESCENT has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The November 1999 sale price of £71,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRINGFIELD CRESCENT has not materially changed since November 1999.

How Large is 2 SPRINGFIELD CRESCENT?

2 SPRINGFIELD CRESCENT is 172m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 10% of terraced houses houses in Seaham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Seaham, and where 2 SPRINGFIELD CRESCENT lies on this distribution: 90% of terraced houses houses are smaller than 2 SPRINGFIELD CRESCENT, and 10% of houses are larger. Note that EPC data is not available for all properties in Seaham.

2 SPRINGFIELD CRESCENT: Plot and Title Map

2 SPRINGFIELD CRESCENT sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 2 SPRINGFIELD CRESCENT, 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 SPRINGFIELD CRESCENT). 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 SPRINGFIELD CRESCENT?

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