15, CORMORANT CLOSE, WASHINGTON, NE38 0DE - £185,000

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.

15 CORMORANT CLOSE is a large extended semi-detached house of 150m², built sometime between 1991 and 1995, which could now be worth an estimated £272,775. It was last sold for £185,000 in March 2014, which was around 80% above the average March 2014 semi-detached price in the Sunderland local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

15 CORMORANT CLOSE Sold Prices

Land registry data shows two sales for 15 CORMORANT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sunderland local authority area for the corresponding sale date. Both of the two 15 CORMORANT CLOSE 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
2014 7 MAR	£185,000	£102,692	80% above HPI
2006 22 DEC	£203,000	£118,692	71% above HPI

15 CORMORANT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sunderland local authority area over time, sourced from the HPI. The two 15 CORMORANT CLOSE sales from December 2006 and March 2014 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 December 2006 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the March 2014 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 15 CORMORANT CLOSE be worth now?

15 CORMORANT CLOSE might now be worth an estimated £272,775.

This is based on house price inflation of 47.4%, between March 2014 and February 2025, for semi-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 47.4% inflationary increase is applied to the most recent sale price for 15 CORMORANT CLOSE of £185,000 on 7th March 2014. For the value to have increased from £185,000 to £272,775 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 15 CORMORANT CLOSE has moved in line with the HPI for semi-detached houses in the Sunderland local authority area.
• The March 2014 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CORMORANT CLOSE has not materially changed since March 2014.

How Large is 15 CORMORANT CLOSE?

15 CORMORANT CLOSE is 150m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 30% of semi-detached houses houses in Washington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Washington, and where 15 CORMORANT CLOSE lies on this distribution: 76% of semi-detached houses houses are smaller than 15 CORMORANT CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Washington.

15 CORMORANT CLOSE: Plot and Title Map

15 CORMORANT CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 15 CORMORANT 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 CORMORANT 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 CORMORANT CLOSE?

15 CORMORANT CLOSE is located in WASHINGTON, in the NE38 postcode district. The below map shows the position of No. 15 on CORMORANT CLOSE.