16, HEDGELEA ROAD, EAST RAINTON, HOUGHTON LE SPRING, DH5 9RR - £259,250

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

16 HEDGELEA ROAD is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £259,250 in July 2024, which was around 2% above the average July 2024 detached price in the Sunderland local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

16 HEDGELEA ROAD Sold Prices

Land registry data shows two sales for 16 HEDGELEA ROAD 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. One of the two 16 HEDGELEA ROAD sales was for above the average price, whilst the other was 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
2024 18 JUL	£259,250	£252,970	2% above HPI
2021 1 APR	£189,950	£229,223	17% below HPI

16 HEDGELEA ROAD 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 HEDGELEA ROAD sales from April 2021 and July 2024 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 April 2021 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2024 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 16 HEDGELEA ROAD?

16 HEDGELEA ROAD is 113m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 50% of detached houses in East Rainton, based on EPC data. The below chart shows the distribution of detached houses by size in East Rainton, and where 16 HEDGELEA ROAD lies on this distribution: 46% of detached houses are smaller than 16 HEDGELEA ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in East Rainton.

16 HEDGELEA ROAD: Plot and Title Map

16 HEDGELEA ROAD sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 16 HEDGELEA ROAD, 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 HEDGELEA ROAD). 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 HEDGELEA ROAD?

16 HEDGELEA ROAD is located in EAST RAINTON, in the DH5 postcode district. The below map shows the position of No. 16 on HEDGELEA ROAD.