15, CHIGWELL CLOSE, PENSHAW, HOUGHTON LE SPRING, DH4 7EB - £197,000

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

15 CHIGWELL CLOSE is a very small detached house of 66m², built sometime between 1996 and 2002. It was last sold for £197,000 in November 2022, which was around 24% below the average November 2022 detached price in the Sunderland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

15 CHIGWELL CLOSE Sold Prices

Land registry data shows three sales for 15 CHIGWELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. All of the three 15 CHIGWELL 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 18 NOV	£197,000	£259,069	24% below HPI
1999 2 AUG	£75,500	£86,556	13% below HPI
1995 25 AUG	£64,500	£73,535	12% below HPI

15 CHIGWELL 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 three 15 CHIGWELL CLOSE sales between August 1995 and November 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 August 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 15 CHIGWELL CLOSE?

15 CHIGWELL CLOSE is 66m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses in Penshaw, based on EPC data. The below chart shows the distribution of detached houses by size in Penshaw, and where 15 CHIGWELL CLOSE lies on this distribution: 8% of detached houses are smaller than 15 CHIGWELL CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Penshaw.

15 CHIGWELL CLOSE: Plot and Title Map

15 CHIGWELL CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 15 CHIGWELL 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 15 CHIGWELL 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 15 CHIGWELL CLOSE?

15 CHIGWELL CLOSE is located in PENSHAW, in the DH4 postcode district. The below map shows the position of No. 15 on CHIGWELL CLOSE.