38, CHESTNUT WAY, SEAHAM, SR7 7RN - £189,950

38 CHESTNUT WAY is a very small detached house of 83m², built sometime between 2003 and 2006. It was last sold for £189,950 in March 2021, which was around 2% above the average March 2021 detached price in the County Durham local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

38 CHESTNUT WAY Sold Prices

Land registry data shows two sales for 38 CHESTNUT WAY 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. One of the two 38 CHESTNUT WAY sales was for above the average price, whilst the other was 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
2021 30 MAR	£189,950	£186,145	2% above HPI
2006 28 APR	£147,950	£175,127	16% below HPI

38 CHESTNUT WAY 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 38 CHESTNUT WAY sales from April 2006 and March 2021 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 April 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 38 CHESTNUT WAY?

38 CHESTNUT WAY is 83m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 20% of detached houses in Seaham, based on EPC data. The below chart shows the distribution of detached houses by size in Seaham, and where 38 CHESTNUT WAY lies on this distribution: 17% of detached houses are smaller than 38 CHESTNUT WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Seaham.

38 CHESTNUT WAY: Plot and Title Map

38 CHESTNUT WAY sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 38 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 38 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 38 CHESTNUT WAY?

38 CHESTNUT WAY is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 38 on CHESTNUT WAY.