12, KESTREL CLOSE, EASINGTON LANE, HOUGHTON LE SPRING, DH5 0GL - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 KESTREL CLOSE is a small detached house of 98m², built sometime from 2012 onwards. It was last sold for £195,000 in December 2022, which was around 24% below the average December 2022 detached price in the Sunderland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

12 KESTREL CLOSE Sold Prices

Land registry data shows two sales for 12 KESTREL CLOSE 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 KESTREL CLOSE 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
2022 15 DEC	£195,000	£256,033	24% below HPI
2012 31 MAY	£169,995	£184,909	8% below HPI

12 KESTREL CLOSE 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 KESTREL CLOSE sales from May 2012 and December 2022 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 May 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 12 KESTREL CLOSE?

12 KESTREL CLOSE is 98m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses in Easington Lane, based on EPC data. The below chart shows the distribution of detached houses by size in Easington Lane, and where 12 KESTREL CLOSE lies on this distribution: 33% of detached houses are smaller than 12 KESTREL CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Easington Lane.

12 KESTREL CLOSE: Plot and Title Map

12 KESTREL CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 12 KESTREL 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 12 KESTREL 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 12 KESTREL CLOSE?

12 KESTREL CLOSE is located in EASINGTON LANE, in the DH5 postcode district. The below map shows the position of No. 12 on KESTREL CLOSE.