15, CROSS RIGG CLOSE, PENSHAW, HOUGHTON LE SPRING, DH4 7SP - £270,000

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 CROSS RIGG CLOSE is a large detached house of 130m², built sometime between 1996 and 2002. It was last sold for £270,000 in July 2017, which was around 31% above the average July 2017 detached price in the Sunderland local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

15 CROSS RIGG CLOSE Sold Prices

Land registry data shows three sales for 15 CROSS RIGG 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 CROSS RIGG 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
2017 3 JUL	£270,000	£206,859	31% above HPI
2001 23 MAR	£126,000	£90,755	39% above HPI
1998 28 OCT	£120,700	£85,641	41% above HPI

15 CROSS RIGG 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 CROSS RIGG CLOSE sales between October 1998 and July 2017 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 March 2001 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the July 2017 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 15 CROSS RIGG CLOSE?

15 CROSS RIGG CLOSE is 130m² according to the EPC inspection conducted in April 2017. This puts it in the largest 30% 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 CROSS RIGG CLOSE lies on this distribution: 70% of detached houses are smaller than 15 CROSS RIGG CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Penshaw.

15 CROSS RIGG CLOSE: Plot and Title Map

15 CROSS RIGG CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 15 CROSS RIGG 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 CROSS RIGG 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 CROSS RIGG CLOSE?

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