26, MELROSE, WASHINGTON, NE38 7HD - £260,000

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.

26 MELROSE is a midsized extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £280,233. It was last sold for £260,000 in September 2022, which was around 7% above the average September 2022 detached price in the Sunderland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

26 MELROSE Sold Prices

Land registry data shows five sales for 26 MELROSE 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. The five 26 MELROSE sales were a mix of above the average price, roughly equal to the average price, and 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 30 SEP	£260,000	£242,105	7% above HPI
2021 10 FEB	£225,500	£212,950	6% above HPI
2012 17 OCT	£184,950	£179,503	3% above HPI
1999 6 AUG	£82,000	£81,932	Close to HPI
1996 28 OCT	£72,000	£73,264	2% below HPI

26 MELROSE 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 26 MELROSE sales between October 1996 and September 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 February 2021 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 26 MELROSE be worth now?

26 MELROSE might now be worth an estimated £280,233.

This is based on house price inflation of 7.8%, between September 2022 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 7.8% inflationary increase is applied to the most recent sale price for 26 MELROSE of £260,000 on 30th September 2022. For the value to have increased from £260,000 to £280,233 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 26 MELROSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The September 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 26 MELROSE has not materially changed since September 2022.

How Large is 26 MELROSE?

26 MELROSE is 115m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% 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 26 MELROSE lies on this distribution: 46% of detached houses houses are smaller than 26 MELROSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Washington.

26 MELROSE: Plot and Title Map

26 MELROSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 26 MELROSE, 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 26 MELROSE). 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 26 MELROSE?

26 MELROSE is located in WASHINGTON, in the NE38 postcode district. The below map shows the position of No. 26 on MELROSE.