22, WATCOMBE CLOSE, WASHINGTON, NE37 3LW - £125,000

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

22 WATCOMBE CLOSE is a small detached house of 92m², built sometime between 1991 and 1995. It was last sold for £125,000 in February 2022, which was around 49% below the average February 2022 detached price in the Sunderland local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

22 WATCOMBE CLOSE Sold Prices

Land registry data shows two sales for 22 WATCOMBE CLOSE 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 22 WATCOMBE 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
2022 18 FEB	£125,000	£246,229	49% below HPI
2014 5 DEC	£175,000	£186,646	6% below HPI

22 WATCOMBE 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 two 22 WATCOMBE CLOSE sales from December 2014 and February 2022 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 December 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2022 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 22 WATCOMBE CLOSE?

22 WATCOMBE CLOSE is 92m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses in Washington, based on EPC data. The below chart shows the distribution of detached houses by size in Washington, and where 22 WATCOMBE CLOSE lies on this distribution: 20% of detached houses are smaller than 22 WATCOMBE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Washington.

22 WATCOMBE CLOSE: Plot and Title Map

22 WATCOMBE CLOSE sits on a plot of roughly 0.079 of an acre, or 322m². The below map shows the location of 22 WATCOMBE 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 22 WATCOMBE 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 22 WATCOMBE CLOSE?

22 WATCOMBE CLOSE is located in WASHINGTON, in the NE37 postcode district. The below map shows the position of No. 22 on WATCOMBE CLOSE.