23, MELDON CLOSE, WASHINGTON, NE38 8FL - £175,850

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.

23 MELDON CLOSE is a small detached house of 92m², which could now be worth an estimated £238,572. It was last sold for £175,850 in November 2016, which was around 9% below the average November 2016 detached price in the Sunderland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was B, and the potential energy rating was B.

23 MELDON CLOSE Sold Prices

Land registry data shows three sales for 23 MELDON CLOSE 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. All of the three 23 MELDON 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 10 NOV	£175,850	£192,341	9% below HPI
2016 27 SEP	£184,000	£191,063	4% below HPI
2014 16 APR	£175,995	£179,592	2% below HPI

23 MELDON 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 three 23 MELDON CLOSE sales between April 2014 and November 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 September 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2016 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 23 MELDON CLOSE be worth now?

23 MELDON CLOSE might now be worth an estimated £238,572.

This is based on house price inflation of 35.7%, between November 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 35.7% inflationary increase is applied to the most recent sale price for 23 MELDON CLOSE of £175,850 on 10th November 2016. For the value to have increased from £175,850 to £238,572 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 23 MELDON CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The November 2016 sale price of £175,850 represented a fair market value for the property.
• The size, condition, and specification of 23 MELDON CLOSE has not materially changed since November 2016.

How Large is 23 MELDON CLOSE?

23 MELDON CLOSE is 92m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% 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 23 MELDON CLOSE lies on this distribution: 20% of detached houses houses are smaller than 23 MELDON CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Washington.

23 MELDON CLOSE: Plot and Title Map

23 MELDON CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 23 MELDON 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 23 MELDON 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 23 MELDON CLOSE?

23 MELDON CLOSE is located in WASHINGTON, in the NE38 postcode district. The below map shows the position of No. 23 on MELDON CLOSE.