17, GREENWOOD CLOSE, WASHINGTON, NE38 8LR - £281,500

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.

17 GREENWOOD CLOSE is a large detached house of 136m², built sometime between 1996 and 2002, which could now be worth an estimated £366,417. It was last sold for £281,500 in August 2020, which was around 40% above the average August 2020 detached price in the Sunderland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

17 GREENWOOD CLOSE Sold Prices

Land registry data shows three sales for 17 GREENWOOD CLOSE 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 17 GREENWOOD 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
2020 3 AUG	£281,500	£200,471	40% above HPI
2010 29 APR	£281,000	£184,863	52% above HPI
2002 18 OCT	£175,750	£115,060	53% above HPI

17 GREENWOOD CLOSE 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 17 GREENWOOD CLOSE sales between October 2002 and August 2020 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 2010 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the August 2020 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 17 GREENWOOD CLOSE be worth now?

17 GREENWOOD CLOSE might now be worth an estimated £366,417.

This is based on house price inflation of 30.2%, between August 2020 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 30.2% inflationary increase is applied to the most recent sale price for 17 GREENWOOD CLOSE of £281,500 on 3rd August 2020. For the value to have increased from £281,500 to £366,417 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 17 GREENWOOD CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The August 2020 sale price of £281,500 represented a fair market value for the property.
• The size, condition, and specification of 17 GREENWOOD CLOSE has not materially changed since August 2020.

How Large is 17 GREENWOOD CLOSE?

17 GREENWOOD CLOSE is 136m² according to the EPC inspection conducted in October 2019. This puts it in the largest 40% 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 17 GREENWOOD CLOSE lies on this distribution: 67% of detached houses houses are smaller than 17 GREENWOOD CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Washington.

17 GREENWOOD CLOSE: Plot and Title Map

17 GREENWOOD CLOSE sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 17 GREENWOOD 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 17 GREENWOOD 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 17 GREENWOOD CLOSE?

17 GREENWOOD CLOSE is located in WASHINGTON, in the NE38 postcode district. The below map shows the position of No. 17 on GREENWOOD CLOSE.