31, REDWOOD, SEAHAM, SR7 7RS - £76,000

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.

31 REDWOOD is a very small extended semi-detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £105,806. It was last sold for £76,000 in June 2018, which was around 22% below the average June 2018 semi-detached price in the County Durham local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

31 REDWOOD Sold Prices

Land registry data shows two sales for 31 REDWOOD 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. One of the two 31 REDWOOD sales was for below the average price, whilst the other was 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 29 JUN	£76,000	£97,803	22% below HPI
2007 16 MAR	£134,950	£109,577	23% above HPI

31 REDWOOD 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 31 REDWOOD sales from March 2007 and June 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 March 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the June 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 31 REDWOOD be worth now?

31 REDWOOD might now be worth an estimated £105,806.

This is based on house price inflation of 39.2%, between June 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 39.2% inflationary increase is applied to the most recent sale price for 31 REDWOOD of £76,000 on 29th June 2018. For the value to have increased from £76,000 to £105,806 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 31 REDWOOD has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The June 2018 sale price of £76,000 represented a fair market value for the property.
• The size, condition, and specification of 31 REDWOOD has not materially changed since June 2018.

How Large is 31 REDWOOD?

31 REDWOOD is 76m², which includes one extension, according to the EPC inspection conducted in August 2016. 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 31 REDWOOD lies on this distribution: 8% of semi-detached houses houses are smaller than 31 REDWOOD, and 92% of houses are larger. Note that EPC data is not available for all properties in Seaham.

31 REDWOOD: Plot and Title Map

31 REDWOOD sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 31 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 31 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 31 REDWOOD?

31 REDWOOD is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 31 on REDWOOD.