5, MORTON CLOSE, MURTON, SEAHAM, SR7 9BD - £87,500

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.

5 MORTON CLOSE is a very small terraced house of 62m², which could now be worth an estimated £100,256. It was last sold for £87,500 in July 2023, which was around 12% below the average July 2023 terraced price in the County Durham local authority area. The most recent EPC inspection was June 2010, where the current energy rating was B, and the potential energy rating was B.

5 MORTON CLOSE Sold Prices

Land registry data shows three sales for 5 MORTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Two of the three 5 MORTON CLOSE sales were for below the average price, whilst one was 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 17 JUL	£87,500	£99,991	12% below HPI
2018 20 JUN	£65,000	£79,640	18% below HPI
2010 24 SEP	£94,995	£85,794	11% above HPI

5 MORTON 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 three 5 MORTON CLOSE sales between September 2010 and July 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 June 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 5 MORTON CLOSE be worth now?

5 MORTON CLOSE might now be worth an estimated £100,256.

This is based on house price inflation of 14.6%, between July 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 14.6% inflationary increase is applied to the most recent sale price for 5 MORTON CLOSE of £87,500 on 17th July 2023. For the value to have increased from £87,500 to £100,256 over the three years and three months to April 2026, the following assumptions must hold true:

• The value of 5 MORTON CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The July 2023 sale price of £87,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MORTON CLOSE has not materially changed since July 2023.

How Large is 5 MORTON CLOSE?

5 MORTON CLOSE is 62m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of terraced houses houses in Murton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Murton, and where 5 MORTON CLOSE lies on this distribution: 5% of terraced houses houses are smaller than 5 MORTON CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Murton.

5 MORTON CLOSE: Plot and Title Map

5 MORTON CLOSE sits on a plot of roughly 0.020 of an acre, or 79m². The below map shows the location of 5 MORTON 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 MORTON 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 MORTON CLOSE?

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