4, MERLIN CLOSE, SEAHAM, SR7 7XH - £227,000

4 MERLIN CLOSE is a very small detached house of 60m², built sometime between 1991 and 1995. It was last sold for £227,000 in August 2019, which was around 33% above the average August 2019 detached price in the County Durham local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

4 MERLIN CLOSE Sold Prices

Land registry data shows two sales for 4 MERLIN CLOSE 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 4 MERLIN CLOSE 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
2019 20 AUG	£227,000	£170,402	33% above HPI
2009 27 NOV	£140,000	£174,166	20% below HPI

4 MERLIN CLOSE 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 4 MERLIN CLOSE sales from November 2009 and August 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 November 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2019 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 4 MERLIN CLOSE?

4 MERLIN CLOSE is 60m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Seaham, based on EPC data. The below chart shows the distribution of detached houses by size in Seaham, and where 4 MERLIN CLOSE lies on this distribution: 1% of detached houses are smaller than 4 MERLIN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Seaham.

4 MERLIN CLOSE: Plot and Title Map

4 MERLIN CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 4 MERLIN CLOSE, 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 4 MERLIN CLOSE). 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 4 MERLIN CLOSE?

4 MERLIN CLOSE is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 4 on MERLIN CLOSE.