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

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.

12 FAIRHAVEN is a very small detached house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £258,539. It was last sold for £200,000 in September 2018, which was around 1% 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. One of the two 12 FAIRHAVEN sales was for below the average price, whilst the other 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
2018 20 SEP	£200,000	£201,861	1% below HPI
2006 5 SEP	£210,000	£200,442	5% above 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 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 12 FAIRHAVEN be worth now?

12 FAIRHAVEN might now be worth an estimated £258,539.

This is based on house price inflation of 29.3%, between September 2018 and February 2025, 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 29.3% inflationary increase is applied to the most recent sale price for 12 FAIRHAVEN of £200,000 on 20th September 2018. For the value to have increased from £200,000 to £258,539 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 FAIRHAVEN has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The September 2018 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FAIRHAVEN has not materially changed since September 2018.

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 houses in Springwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Springwell, and where 12 FAIRHAVEN lies on this distribution: 15% of detached houses 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.