2, CHIGWELL CLOSE, PENSHAW, HOUGHTON LE SPRING, DH4 7EB - £180,500

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

2 CHIGWELL CLOSE is a very small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £180,500 in August 2018, which was around 14% below the average August 2018 detached price in the Sunderland local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

2 CHIGWELL CLOSE Sold Prices

Land registry data shows four sales for 2 CHIGWELL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. All of the four 2 CHIGWELL 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
2018 31 AUG	£180,500	£209,882	14% below HPI
2003 8 AUG	£135,000	£146,867	8% below HPI
2000 25 AUG	£77,000	£88,828	13% below HPI
2000 7 JUL	£80,000	£89,295	10% below HPI

2 CHIGWELL 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 four 2 CHIGWELL CLOSE sales between July 2000 and August 2018 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 August 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 CHIGWELL CLOSE?

2 CHIGWELL CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% of detached houses in Penshaw, based on EPC data. The below chart shows the distribution of detached houses by size in Penshaw, and where 2 CHIGWELL CLOSE lies on this distribution: 16% of detached houses are smaller than 2 CHIGWELL CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Penshaw.

2 CHIGWELL CLOSE: Plot and Title Map

2 CHIGWELL CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 2 CHIGWELL 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 2 CHIGWELL 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 2 CHIGWELL CLOSE?

2 CHIGWELL CLOSE is located in PENSHAW, in the DH4 postcode district. The below map shows the position of No. 2 on CHIGWELL CLOSE.