2, SKAYLOCK DRIVE, WASHINGTON, NE38 0QD - £187,000

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.

2 SKAYLOCK DRIVE is a very small detached house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £245,617. It was last sold for £187,000 in August 2018, which was around 6% below the average August 2018 detached price in the Sunderland local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

2 SKAYLOCK DRIVE Sold Prices

Land registry data shows three sales for 2 SKAYLOCK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. Two of the three 2 SKAYLOCK DRIVE sales were for below the average price, whilst one was 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
2018 15 AUG	£187,000	£198,670	6% below HPI
2013 28 NOV	£180,000	£178,898	1% above HPI
2009 24 AUG	£160,000	£184,964	13% below HPI

2 SKAYLOCK 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 three 2 SKAYLOCK DRIVE sales between August 2009 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 November 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 SKAYLOCK DRIVE be worth now?

2 SKAYLOCK DRIVE might now be worth an estimated £245,617.

This is based on house price inflation of 31.3%, between August 2018 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 31.3% inflationary increase is applied to the most recent sale price for 2 SKAYLOCK DRIVE of £187,000 on 15th August 2018. For the value to have increased from £187,000 to £245,617 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 2 SKAYLOCK DRIVE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The August 2018 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SKAYLOCK DRIVE has not materially changed since August 2018.

How Large is 2 SKAYLOCK DRIVE?

2 SKAYLOCK DRIVE is 85m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of detached houses houses in Washington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Washington, and where 2 SKAYLOCK DRIVE lies on this distribution: 14% of detached houses houses are smaller than 2 SKAYLOCK DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Washington.

2 SKAYLOCK DRIVE: Plot and Title Map

2 SKAYLOCK DRIVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 2 SKAYLOCK 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 2 SKAYLOCK 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 2 SKAYLOCK DRIVE?

2 SKAYLOCK DRIVE is located in WASHINGTON, in the NE38 postcode district. The below map shows the position of No. 2 on SKAYLOCK DRIVE.