16, GAIRLOCH DRIVE, WASHINGTON, NE38 0DS - £180,000

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.

16 GAIRLOCH DRIVE is a small detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £254,901. It was last sold for £180,000 in February 2016, which was around 2% below the average February 2016 detached price in the Sunderland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

16 GAIRLOCH DRIVE Sold Prices

Land registry data shows two sales for 16 GAIRLOCH DRIVE 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 16 GAIRLOCH DRIVE 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
2016 12 FEB	£180,000	£184,268	2% below HPI
1998 30 MAR	£71,000	£75,507	6% below HPI

16 GAIRLOCH DRIVE 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 16 GAIRLOCH DRIVE sales from March 1998 and February 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 March 1998 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2016 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 16 GAIRLOCH DRIVE be worth now?

16 GAIRLOCH DRIVE might now be worth an estimated £254,901.

This is based on house price inflation of 41.6%, between February 2016 and February 2025, 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 41.6% inflationary increase is applied to the most recent sale price for 16 GAIRLOCH DRIVE of £180,000 on 12th February 2016. For the value to have increased from £180,000 to £254,901 over the nine years to February 2025, the following assumptions must hold true:

• The value of 16 GAIRLOCH DRIVE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The February 2016 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GAIRLOCH DRIVE has not materially changed since February 2016.

How Large is 16 GAIRLOCH DRIVE?

16 GAIRLOCH DRIVE is 97m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 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 16 GAIRLOCH DRIVE lies on this distribution: 26% of detached houses houses are smaller than 16 GAIRLOCH DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Washington.

16 GAIRLOCH DRIVE: Plot and Title Map

16 GAIRLOCH DRIVE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 16 GAIRLOCH DRIVE, 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 16 GAIRLOCH DRIVE). 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 16 GAIRLOCH DRIVE?

16 GAIRLOCH DRIVE is located in WASHINGTON, in the NE38 postcode district. The below map shows the position of No. 16 on GAIRLOCH DRIVE.