18, REDSHANK DRIVE, HETTON-LE-HOLE, HOUGHTON LE SPRING, DH5 0GX - £171,000

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 REDSHANK DRIVE is a small detached house of 91m². It was last sold for £171,000 in June 2020, which was around 22% below the average June 2020 detached price in the Sunderland local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

18 REDSHANK DRIVE Sold Prices

Land registry data shows two sales for 18 REDSHANK 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 18 REDSHANK 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
2020 26 JUN	£171,000	£217,918	22% below HPI
2018 30 NOV	£186,950	£213,376	12% below HPI

18 REDSHANK 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 18 REDSHANK DRIVE sales from November 2018 and June 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 November 2018 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 18 REDSHANK DRIVE?

18 REDSHANK DRIVE is 91m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of detached houses in Easington Lane, based on EPC data. The below chart shows the distribution of detached houses by size in Easington Lane, and where 18 REDSHANK DRIVE lies on this distribution: 31% of detached houses are smaller than 18 REDSHANK DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Easington Lane.

18 REDSHANK DRIVE: Plot and Title Map

18 REDSHANK DRIVE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 18 REDSHANK 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 18 REDSHANK 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 18 REDSHANK DRIVE?

18 REDSHANK DRIVE is located in HETTON-LE-HOLE, in the DH5 postcode district. The below map shows the position of No. 18 on REDSHANK DRIVE.