46, CHESTNUT WAY, SEAHAM, SR7 7RN - £176,500

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.

46 CHESTNUT WAY is a large detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £244,667. It was last sold for £176,500 in June 2018, which was around 4% above the average June 2018 detached price in the County Durham local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

46 CHESTNUT WAY Sold Prices

Land registry data shows three sales for 46 CHESTNUT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. One of the three 46 CHESTNUT WAY sales was for above the average price, whilst two 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
2018 7 JUN	£176,500	£170,366	4% above HPI
2007 25 MAY	£173,500	£188,648	8% below HPI
2006 10 MAR	£169,950	£181,017	6% below HPI

46 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 three 46 CHESTNUT WAY sales between March 2006 and June 2018 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 May 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2018 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 46 CHESTNUT WAY be worth now?

46 CHESTNUT WAY might now be worth an estimated £244,667.

This is based on house price inflation of 38.6%, between June 2018 and February 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 38.6% inflationary increase is applied to the most recent sale price for 46 CHESTNUT WAY of £176,500 on 7th June 2018. For the value to have increased from £176,500 to £244,667 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 46 CHESTNUT WAY has moved in line with the HPI for detached houses in the County Durham local authority area.
• The June 2018 sale price of £176,500 represented a fair market value for the property.
• The size, condition, and specification of 46 CHESTNUT WAY has not materially changed since June 2018.

How Large is 46 CHESTNUT WAY?

46 CHESTNUT WAY is 123m² according to the EPC inspection conducted in August 2017. This puts it in the largest 30% 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 46 CHESTNUT WAY lies on this distribution: 71% of detached houses houses are smaller than 46 CHESTNUT WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Seaham.

46 CHESTNUT WAY: Plot and Title Map

46 CHESTNUT WAY sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 46 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 46 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 46 CHESTNUT WAY?

46 CHESTNUT WAY is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 46 on CHESTNUT WAY.