37, REDWOOD, SEAHAM, SR7 7RS - £190,000

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.

37 REDWOOD is a midsized extended detached house of 100m², built sometime between 2003 and 2006, which could now be worth an estimated £197,895. It was last sold for £190,000 in December 2022, which was around 15% below the average December 2022 detached price in the County Durham local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

37 REDWOOD Sold Prices

Land registry data shows two sales for 37 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 37 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
2022 21 DEC	£190,000	£223,058	15% below HPI
2007 27 JUN	£173,802	£188,874	8% below HPI

37 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 37 REDWOOD sales from June 2007 and December 2022 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 June 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 37 REDWOOD be worth now?

37 REDWOOD might now be worth an estimated £197,895.

This is based on house price inflation of 4.2%, between December 2022 and June 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 4.2% inflationary increase is applied to the most recent sale price for 37 REDWOOD of £190,000 on 21st December 2022. For the value to have increased from £190,000 to £197,895 over the three years and six months to June 2025, the following assumptions must hold true:

• The value of 37 REDWOOD has moved in line with the HPI for detached houses in the County Durham local authority area.
• The December 2022 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 37 REDWOOD has not materially changed since December 2022.

How Large is 37 REDWOOD?

37 REDWOOD is 100m², which includes two extensions, according to the EPC inspection conducted in December 2022. 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 37 REDWOOD lies on this distribution: 41% of detached houses houses are smaller than 37 REDWOOD, and 57% of houses are larger. Note that EPC data is not available for all properties in Seaham.

37 REDWOOD: Plot and Title Map

37 REDWOOD sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 37 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 37 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 37 REDWOOD?

37 REDWOOD is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 37 on REDWOOD.