15, GRAYLANDS, HIGH RICKLETON, WASHINGTON, NE38 9HF - £470,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 GRAYLANDS is a large detached house of 157m², built sometime between 1950 and 1966, which could now be worth an estimated £486,049. It was last sold for £470,000 in October 2023, which was around 89% above the average October 2023 detached price in the Sunderland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

15 GRAYLANDS Sold Prices

Land registry data shows three sales for 15 GRAYLANDS 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 GRAYLANDS 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
2023 20 OCT	£470,000	£248,632	89% above HPI
2021 22 JUN	£455,000	£220,770	106% above HPI
2015 23 OCT	£312,000	£182,740	71% above HPI

15 GRAYLANDS 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 GRAYLANDS sales between October 2015 and October 2023 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 June 2021 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the October 2023 sale, where it falls to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might 15 GRAYLANDS be worth now?

15 GRAYLANDS might now be worth an estimated £486,049.

This is based on house price inflation of 3.4%, between October 2023 and December 2024, 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 3.4% inflationary increase is applied to the most recent sale price for 15 GRAYLANDS of £470,000 on 20th October 2023. For the value to have increased from £470,000 to £486,049 over the ten months to December 2024, the following assumptions must hold true:

• The value of 15 GRAYLANDS has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The October 2023 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GRAYLANDS has not materially changed since October 2023.

How Large is 15 GRAYLANDS?

15 GRAYLANDS is 157m² according to the EPC inspection conducted in May 2015. This puts it in the largest 30% of detached houses houses in Washington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Washington, and where 15 GRAYLANDS lies on this distribution: 79% of detached houses houses are smaller than 15 GRAYLANDS, and 20% of houses are larger. Note that EPC data is not available for all properties in Washington.

15 GRAYLANDS: Plot and Title Map

15 GRAYLANDS sits on a plot of roughly 0.248 of an acre, or 1,003m². The below map shows the location of 15 GRAYLANDS, 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 GRAYLANDS). 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 GRAYLANDS?

15 GRAYLANDS is located in HIGH RICKLETON, in the NE38 postcode district. The below map shows the position of No. 15 on GRAYLANDS.