25, MEREVALE CLOSE, WASHINGTON, NE37 3LP - £180,000

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.

25 MEREVALE CLOSE is a very small detached house of 85m², built sometime between 1991 and 1995, which could now be worth an estimated £237,149. It was last sold for £180,000 in August 2018, which was around 9% below the average August 2018 detached price in the Sunderland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

25 MEREVALE CLOSE Sold Prices

Land registry data shows three sales for 25 MEREVALE 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 25 MEREVALE 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 6 AUG	£180,000	£198,670	9% below HPI
2006 18 AUG	£177,000	£198,604	11% below HPI
2001 11 OCT	£84,995	£96,995	12% below HPI

25 MEREVALE 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 25 MEREVALE CLOSE sales between October 2001 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 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 25 MEREVALE CLOSE be worth now?

25 MEREVALE CLOSE might now be worth an estimated £237,149.

This is based on house price inflation of 31.7%, between August 2018 and March 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 31.7% inflationary increase is applied to the most recent sale price for 25 MEREVALE CLOSE of £180,000 on 6th August 2018. For the value to have increased from £180,000 to £237,149 over the seven years and five months to March 2025, the following assumptions must hold true:

• The value of 25 MEREVALE CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The August 2018 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 25 MEREVALE CLOSE has not materially changed since August 2018.

How Large is 25 MEREVALE CLOSE?

25 MEREVALE CLOSE is 85m² according to the EPC inspection conducted in April 2015. 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 25 MEREVALE CLOSE lies on this distribution: 13% of detached houses houses are smaller than 25 MEREVALE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Washington.

25 MEREVALE CLOSE: Plot and Title Map

25 MEREVALE CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 25 MEREVALE 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 25 MEREVALE 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 25 MEREVALE CLOSE?

25 MEREVALE CLOSE is located in WASHINGTON, in the NE37 postcode district. The below map shows the position of No. 25 on MEREVALE CLOSE.