25, CRAKE WAY, WASHINGTON, NE38 0DR - £151,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

25 CRAKE WAY is a very small semi-detached house of 62m², built sometime between 1991 and 1995. It was last sold for £151,000 in January 2022, which was around 38% below the average January 2022 detached price in the Sunderland local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

25 CRAKE WAY Sold Prices

Land registry data shows five sales for 25 CRAKE WAY 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 25 CRAKE WAY 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 21 JAN	£151,000	£243,066	38% below HPI
2016 24 JUN	£129,000	£207,776	38% below HPI
2002 28 OCT	£85,000	£121,554	30% below HPI
2002 25 JAN	£69,000	£102,325	33% below HPI
1998 20 MAR	£52,500	£79,768	34% below HPI

25 CRAKE WAY 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 25 CRAKE WAY sales between March 1998 and January 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 June 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2022 sale, which was also at 38% below the HPI.

How Large is 25 CRAKE WAY?

25 CRAKE WAY is 62m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses in Washington, based on EPC data. The below chart shows the distribution of detached houses by size in Washington, and where 25 CRAKE WAY lies on this distribution: 1% of detached houses are smaller than 25 CRAKE WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Washington.

25 CRAKE WAY: Plot and Title Map

25 CRAKE WAY sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 25 CRAKE WAY, 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 25 CRAKE WAY). 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 25 CRAKE WAY?

25 CRAKE WAY is located in WASHINGTON, in the NE38 postcode district. The below map shows the position of No. 25 on CRAKE WAY.