5, ELDERBERRY CLOSE, SEAHAM, SR7 7FB - £350,000

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.

5 ELDERBERRY CLOSE is a very small terraced house of 59m², built in 2016, which could now be worth an estimated £380,549. It was last sold for £350,000 in January 2023, which was around 232% above the average January 2023 terraced price in the County Durham local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

5 ELDERBERRY CLOSE Sold Prices

Land registry data shows two sales for 5 ELDERBERRY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Both of the two 5 ELDERBERRY CLOSE 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
2023 27 JAN	£350,000	£105,371	232% above HPI
2019 25 OCT	£119,995	£82,315	46% above HPI

5 ELDERBERRY CLOSE 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 two 5 ELDERBERRY CLOSE sales from October 2019 and January 2023 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 2019 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the January 2023 sale, where it rises to 232% above the HPI. The line then continues to track at 232% above the HPI.

What might 5 ELDERBERRY CLOSE be worth now?

5 ELDERBERRY CLOSE might now be worth an estimated £380,549.

This is based on house price inflation of 8.7%, between January 2023 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 8.7% inflationary increase is applied to the most recent sale price for 5 ELDERBERRY CLOSE of £350,000 on 27th January 2023. For the value to have increased from £350,000 to £380,549 over the two years and nine months to April 2026, the following assumptions must hold true:

• The value of 5 ELDERBERRY CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The January 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ELDERBERRY CLOSE has not materially changed since January 2023.

How Large is 5 ELDERBERRY CLOSE?

5 ELDERBERRY CLOSE is 59m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% 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 5 ELDERBERRY CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 5 ELDERBERRY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Seaham.

5 ELDERBERRY CLOSE: Plot and Title Map

5 ELDERBERRY CLOSE sits on a plot of roughly 1.1 acres, or 4,452m². The below map shows the location of 5 ELDERBERRY 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 5 ELDERBERRY 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 5 ELDERBERRY CLOSE?

5 ELDERBERRY CLOSE is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 5 on ELDERBERRY CLOSE.