12, FAIRHAVEN, SPRINGWELL, GATESHEAD, NE9 7QZ - £200,000

12 FAIRHAVEN is a very small detached house of 69m², built sometime between 1991 and 1995. It was last sold for £200,000 in September 2018, which was around 6% below the average September 2018 detached price in the Sunderland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

12 FAIRHAVEN Sold Prices

Land registry data shows two sales for 12 FAIRHAVEN 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 12 FAIRHAVEN sales 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 20 SEP	£200,000	£213,254	6% below HPI
2006 5 SEP	£210,000	£211,754	1% below HPI

12 FAIRHAVEN 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 12 FAIRHAVEN sales from September 2006 and September 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 September 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 12 FAIRHAVEN?

12 FAIRHAVEN is 69m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Springwell, based on EPC data. The below chart shows the distribution of detached houses by size in Springwell, and where 12 FAIRHAVEN lies on this distribution: 15% of detached houses are smaller than 12 FAIRHAVEN, and 85% of houses are larger. Note that EPC data is not available for all properties in Springwell.

12 FAIRHAVEN: Plot and Title Map

12 FAIRHAVEN sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 12 FAIRHAVEN, 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 12 FAIRHAVEN). 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 12 FAIRHAVEN?

12 FAIRHAVEN is located in SPRINGWELL, in the NE9 postcode district. The below map shows the position of No. 12 on FAIRHAVEN.