18, WELWYN CLOSE, CASTLETOWN, SUNDERLAND, SR5 3JZ - £185,000

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 WELWYN CLOSE is a small extended detached house of 99m², built sometime between 1991 and 1995, which could now be worth an estimated £249,108. It was last sold for £185,000 in August 2016, which was around 5% below the average August 2016 detached price in the Sunderland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

18 WELWYN CLOSE Sold Prices

Land registry data shows five sales for 18 WELWYN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. All of the five 18 WELWYN CLOSE 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
2016 30 AUG	£185,000	£193,791	5% below HPI
2006 6 OCT	£157,950	£198,225	20% below HPI
2000 29 SEP	£66,950	£85,697	22% below HPI
1999 1 JUL	£60,000	£82,173	27% below HPI
1996 2 AUG	£59,950	£72,047	17% below HPI

18 WELWYN 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 five 18 WELWYN CLOSE sales between August 1996 and August 2016 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 October 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 18 WELWYN CLOSE be worth now?

18 WELWYN CLOSE might now be worth an estimated £249,108.

This is based on house price inflation of 34.7%, between August 2016 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 34.7% inflationary increase is applied to the most recent sale price for 18 WELWYN CLOSE of £185,000 on 30th August 2016. For the value to have increased from £185,000 to £249,108 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 18 WELWYN CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The August 2016 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 18 WELWYN CLOSE has not materially changed since August 2016.

How Large is 18 WELWYN CLOSE?

18 WELWYN CLOSE is 99m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sunderland, and where 18 WELWYN CLOSE lies on this distribution: 33% of detached houses houses are smaller than 18 WELWYN CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

18 WELWYN CLOSE: Plot and Title Map

18 WELWYN CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 18 WELWYN 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 WELWYN 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 WELWYN CLOSE?

18 WELWYN CLOSE is located in CASTLETOWN, in the SR5 postcode district. The below map shows the position of No. 18 on WELWYN CLOSE.