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

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.

18 REDSHANK DRIVE is a small detached house of 91m², which could now be worth an estimated £216,320. It was last sold for £171,000 in June 2020, which was around 17% 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	£206,276	17% below HPI
2018 30 NOV	£186,950	£201,977	7% 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 18 REDSHANK DRIVE be worth now?

18 REDSHANK DRIVE might now be worth an estimated £216,320.

This is based on house price inflation of 26.5%, between June 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 26.5% inflationary increase is applied to the most recent sale price for 18 REDSHANK DRIVE of £171,000 on 26th June 2020. For the value to have increased from £171,000 to £216,320 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 18 REDSHANK DRIVE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The June 2020 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of 18 REDSHANK DRIVE has not materially changed since June 2020.

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 houses in Easington Lane, based on EPC data. The below chart shows the distribution of detached houses houses by size in Easington Lane, and where 18 REDSHANK DRIVE lies on this distribution: 31% of detached houses 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.