8, BEADNELL DRIVE, SEAHAM, SR7 7WG - £97,500

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.

8 BEADNELL DRIVE is a very small terraced house of 60m², built sometime between 2003 and 2006, which could now be worth an estimated £140,953. It was last sold for £97,500 in May 2012, which was around 24% above the average May 2012 terraced price in the County Durham local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

8 BEADNELL DRIVE Sold Prices

Land registry data shows three sales for 8 BEADNELL DRIVE 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. All of the three 8 BEADNELL 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
2012 18 MAY	£97,500	£78,538	24% above HPI
2010 25 JUN	£119,950	£84,742	42% above HPI
2006 29 SEP	£119,950	£91,091	32% above HPI

8 BEADNELL 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 three 8 BEADNELL DRIVE sales between September 2006 and May 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 June 2010 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the May 2012 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 8 BEADNELL DRIVE be worth now?

8 BEADNELL DRIVE might now be worth an estimated £140,953.

This is based on house price inflation of 44.6%, between May 2012 and May 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 44.6% inflationary increase is applied to the most recent sale price for 8 BEADNELL DRIVE of £97,500 on 18th May 2012. For the value to have increased from £97,500 to £140,953 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 8 BEADNELL DRIVE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The May 2012 sale price of £97,500 represented a fair market value for the property.
• The size, condition, and specification of 8 BEADNELL DRIVE has not materially changed since May 2012.

How Large is 8 BEADNELL DRIVE?

8 BEADNELL DRIVE is 60m² according to the EPC inspection conducted in February 2012. 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 8 BEADNELL DRIVE lies on this distribution: 1% of terraced houses houses are smaller than 8 BEADNELL DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Seaham.

8 BEADNELL DRIVE: Plot and Title Map

8 BEADNELL DRIVE sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 8 BEADNELL 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 8 BEADNELL 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 8 BEADNELL DRIVE?

8 BEADNELL DRIVE is located in SEAHAM, in the SR7 postcode district. The below map shows the position of No. 8 on BEADNELL DRIVE.