4, REDWOOD, SEAHAM, SR7 7RS - £129,500

4 REDWOOD is a very small detached house of 75m², built sometime between 2003 and 2006. It was last sold for £129,500 in February 2012, which was around 19% below the average February 2012 detached price in the County Durham local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

4 REDWOOD Sold Prices

Land registry data shows two sales for 4 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 4 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
2012 29 FEB	£129,500	£159,548	19% below HPI
2004 14 OCT	£95,950	£157,634	39% below HPI

4 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 4 REDWOOD sales from October 2004 and February 2012 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 October 2004 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2012 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 4 REDWOOD?

4 REDWOOD is 75m² according to the EPC inspection conducted in November 2011. 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 REDWOOD lies on this distribution: 8% of detached houses are smaller than 4 REDWOOD, and 92% of houses are larger. Note that EPC data is not available for all properties in Seaham.

4 REDWOOD: Plot and Title Map

4 REDWOOD sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 4 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 4 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 4 REDWOOD?

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