1, GRAYLANDS, HIGH RICKLETON, WASHINGTON, NE38 9HF - £362,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 GRAYLANDS is a large extended detached house of 132m², built sometime between 1950 and 1966, which could now be worth an estimated £450,150. It was last sold for £362,500 in November 2020, which was around 75% above the average November 2020 detached price in the Sunderland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

1 GRAYLANDS Sold Prices

Land registry data shows two sales for 1 GRAYLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. Both of the two 1 GRAYLANDS 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
2020 9 NOV	£362,500	£207,057	75% above HPI
1996 16 AUG	£105,000	£72,047	46% above HPI

1 GRAYLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sunderland local authority area over time, sourced from the HPI. The two 1 GRAYLANDS sales from August 1996 and November 2020 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 August 1996 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the November 2020 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might 1 GRAYLANDS be worth now?

1 GRAYLANDS might now be worth an estimated £450,150.

This is based on house price inflation of 24.2%, between November 2020 and December 2024, for detached houses, in the Sunderland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.2% inflationary increase is applied to the most recent sale price for 1 GRAYLANDS of £362,500 on 9th November 2020. For the value to have increased from £362,500 to £450,150 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 GRAYLANDS has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The November 2020 sale price of £362,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GRAYLANDS has not materially changed since November 2020.

How Large is 1 GRAYLANDS?

1 GRAYLANDS is 132m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 40% of detached houses houses in Washington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Washington, and where 1 GRAYLANDS lies on this distribution: 64% of detached houses houses are smaller than 1 GRAYLANDS, and 35% of houses are larger. Note that EPC data is not available for all properties in Washington.

1 GRAYLANDS: Plot and Title Map

1 GRAYLANDS sits on a plot of roughly 0.255 of an acre, or 1,031m². The below map shows the location of 1 GRAYLANDS, 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 1 GRAYLANDS). 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 1 GRAYLANDS?

1 GRAYLANDS is located in HIGH RICKLETON, in the NE38 postcode district. The below map shows the position of No. 1 on GRAYLANDS.