16, THE CLOSE, CLEADON, SUNDERLAND, SR6 7RG - £475,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 THE CLOSE is a large extended detached house of 208m², built sometime between 1983 and 1990. It was last sold for £475,000 in December 2013, which was around 134% above the average December 2013 detached price in the South Tyneside local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

16 THE CLOSE Sold Prices

Land registry data shows two sales for 16 THE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 16 THE 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
2013 13 DEC	£475,000	£203,360	134% above HPI
2008 1 FEB	£435,600	£235,582	85% above HPI

16 THE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Tyneside local authority area over time, sourced from the HPI. The two 16 THE CLOSE sales from February 2008 and December 2013 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 February 2008 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the December 2013 sale, where it rises to 134% above the HPI. The line then continues to track at 134% above the HPI.

How Large is 16 THE CLOSE?

16 THE CLOSE is 208m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 30% of detached houses in Cleadon, based on EPC data. The below chart shows the distribution of detached houses by size in Cleadon, and where 16 THE CLOSE lies on this distribution: 79% of detached houses are smaller than 16 THE CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Cleadon.

16 THE CLOSE: Plot and Title Map

16 THE CLOSE sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 16 THE 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 16 THE 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 16 THE CLOSE?

16 THE CLOSE is located in CLEADON, in the SR6 postcode district. The below map shows the position of No. 16 on THE CLOSE.