41, SOUTER DRIVE, SEAHAM, SR7 7WT - £247,500

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.

41 SOUTER DRIVE is a midsized terraced house of 111m², built sometime between 2007 and 2011, which could now be worth an estimated £279,726. It was last sold for £247,500 in April 2024, which was around 144% above the average April 2024 terraced price in the County Durham local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

41 SOUTER DRIVE Sold Prices

Land registry data shows five sales for 41 SOUTER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. All of the five 41 SOUTER DRIVE sales were 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
2024 10 APR	£247,500	£101,369	144% above HPI
2020 14 FEB	£210,000	£79,320	165% above HPI
2018 16 JUL	£190,000	£81,703	133% above HPI
2006 7 APR	£170,000	£86,933	96% above HPI
2005 16 DEC	£148,995	£85,869	74% above HPI

41 SOUTER DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the County Durham local authority area over time, sourced from the HPI. The five 41 SOUTER DRIVE sales between December 2005 and April 2024 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 February 2020 sale was for 165% above the HPI. So the extrapolation line tracks at 165% above the HPI over time, until the April 2024 sale, where it falls to 144% above the HPI. The line then continues to track at 144% above the HPI.

What might 41 SOUTER DRIVE be worth now?

41 SOUTER DRIVE might now be worth an estimated £279,726.

This is based on house price inflation of 13%, between April 2024 and April 2026, for terraced 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 13% inflationary increase is applied to the most recent sale price for 41 SOUTER DRIVE of £247,500 on 10th April 2024. For the value to have increased from £247,500 to £279,726 over the two years to April 2026, the following assumptions must hold true:

• The value of 41 SOUTER DRIVE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The April 2024 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 41 SOUTER DRIVE has not materially changed since April 2024.

How Large is 41 SOUTER DRIVE?

41 SOUTER DRIVE is 111m² according to the EPC inspection conducted in November 2017. This puts it in the largest 50% of terraced houses houses in Seaham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Seaham, and where 41 SOUTER DRIVE lies on this distribution: 56% of terraced houses houses are smaller than 41 SOUTER DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Seaham.

41 SOUTER DRIVE: Plot and Title Map

41 SOUTER DRIVE sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 41 SOUTER DRIVE, 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 41 SOUTER DRIVE). 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 41 SOUTER DRIVE?

41 SOUTER DRIVE is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 41 on SOUTER DRIVE.