3, CHESTNUT WAY, SEAHAM, SR7 7RN - £112,000

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.

3 CHESTNUT WAY is a very small semi-detached house of 64m², built sometime between 1996 and 2002, which could now be worth an estimated £155,351. It was last sold for £112,000 in April 2019, which was around 14% above the average April 2019 semi-detached price in the County Durham local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

3 CHESTNUT WAY Sold Prices

Land registry data shows two sales for 3 CHESTNUT WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two 3 CHESTNUT WAY 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
2019 5 APR	£112,000	£98,164	14% above HPI
2004 28 JAN	£100,950	£72,383	39% above HPI

3 CHESTNUT WAY 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 two 3 CHESTNUT WAY sales from January 2004 and April 2019 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 2004 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the April 2019 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 3 CHESTNUT WAY be worth now?

3 CHESTNUT WAY might now be worth an estimated £155,351.

This is based on house price inflation of 38.7%, between April 2019 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 38.7% inflationary increase is applied to the most recent sale price for 3 CHESTNUT WAY of £112,000 on 5th April 2019. For the value to have increased from £112,000 to £155,351 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 3 CHESTNUT WAY has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The April 2019 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHESTNUT WAY has not materially changed since April 2019.

How Large is 3 CHESTNUT WAY?

3 CHESTNUT WAY is 64m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of semi-detached houses houses in Seaham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Seaham, and where 3 CHESTNUT WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 3 CHESTNUT WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Seaham.

3 CHESTNUT WAY: Plot and Title Map

3 CHESTNUT WAY sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 3 CHESTNUT WAY, 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 3 CHESTNUT WAY). 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 3 CHESTNUT WAY?

3 CHESTNUT WAY is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 3 on CHESTNUT WAY.