15, LANCHESTER, WASHINGTON, NE38 8SR - £335,000

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 LANCHESTER is a very large extended detached house of 198m², built sometime between 1983 and 1990, which could now be worth an estimated £437,956. It was last sold for £335,000 in June 2016, which was around 70% above the average June 2016 detached price in the Sunderland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was C.

15 LANCHESTER Sold Prices

Land registry data shows two sales for 15 LANCHESTER 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 15 LANCHESTER 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
2016 30 JUN	£335,000	£196,677	70% above HPI
2002 22 NOV	£237,000	£115,960	104% above HPI

15 LANCHESTER 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 15 LANCHESTER sales from November 2002 and June 2016 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 November 2002 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the June 2016 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 15 LANCHESTER be worth now?

15 LANCHESTER might now be worth an estimated £437,956.

This is based on house price inflation of 30.7%, between June 2016 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 30.7% inflationary increase is applied to the most recent sale price for 15 LANCHESTER of £335,000 on 30th June 2016. For the value to have increased from £335,000 to £437,956 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 15 LANCHESTER has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The June 2016 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LANCHESTER has not materially changed since June 2016.

How Large is 15 LANCHESTER?

15 LANCHESTER is 198m², which includes three extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 20% 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 LANCHESTER lies on this distribution: 90% of detached houses houses are smaller than 15 LANCHESTER, and 10% of houses are larger. Note that EPC data is not available for all properties in Washington.

15 LANCHESTER: Plot and Title Map

15 LANCHESTER sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 15 LANCHESTER, 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 LANCHESTER). 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 LANCHESTER?

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