18, FARM CLOSE, WASHINGTON, NE37 1EG - £292,500

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

18 FARM CLOSE is a large detached house of 144m², built sometime between 1967 and 1975. It was last sold for £292,500 in November 2022, which was around 13% above the average November 2022 detached price in the Sunderland local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

18 FARM CLOSE Sold Prices

Land registry data shows two sales for 18 FARM 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 Sunderland local authority area for the corresponding sale date. Both of the two 18 FARM 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
2022 18 NOV	£292,500	£259,069	13% above HPI
2017 22 JUN	£237,000	£205,179	16% above HPI

18 FARM 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 two 18 FARM CLOSE sales from June 2017 and November 2022 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 June 2017 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2022 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 18 FARM CLOSE?

18 FARM CLOSE is 144m² according to the EPC inspection conducted in April 2014. This puts it in the largest 30% of detached houses in Washington, based on EPC data. The below chart shows the distribution of detached houses by size in Washington, and where 18 FARM CLOSE lies on this distribution: 73% of detached houses are smaller than 18 FARM CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Washington.

18 FARM CLOSE: Plot and Title Map

18 FARM CLOSE sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 18 FARM 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 18 FARM 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 18 FARM CLOSE?

18 FARM CLOSE is located in WASHINGTON, in the NE37 postcode district. The below map shows the position of No. 18 on FARM CLOSE.