27, BOWES GARDENS, SPRINGWELL, GATESHEAD, NE9 7NZ - £265,000

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.

27 BOWES GARDENS is a large detached house of 122m², which could now be worth an estimated £358,090. It was last sold for £265,000 in February 2018, which was around 37% above the average February 2018 detached price in the Sunderland local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was B.

27 BOWES GARDENS Sold Prices

Land registry data shows two sales for 27 BOWES GARDENS 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 27 BOWES GARDENS sales were for above 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 23 FEB	£265,000	£193,109	37% above HPI
2013 28 MAR	£243,000	£176,108	38% above HPI

27 BOWES GARDENS 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 27 BOWES GARDENS sales from March 2013 and February 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 March 2013 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2018 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 27 BOWES GARDENS be worth now?

27 BOWES GARDENS might now be worth an estimated £358,090.

This is based on house price inflation of 35.1%, between February 2018 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 35.1% inflationary increase is applied to the most recent sale price for 27 BOWES GARDENS of £265,000 on 23rd February 2018. For the value to have increased from £265,000 to £358,090 over the seven years to February 2025, the following assumptions must hold true:

• The value of 27 BOWES GARDENS has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The February 2018 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 27 BOWES GARDENS has not materially changed since February 2018.

How Large is 27 BOWES GARDENS?

27 BOWES GARDENS is 122m² according to the EPC inspection conducted in March 2012. This puts it in the largest 40% of detached houses houses in Springwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Springwell, and where 27 BOWES GARDENS lies on this distribution: 65% of detached houses houses are smaller than 27 BOWES GARDENS, and 31% of houses are larger. Note that EPC data is not available for all properties in Springwell.

27 BOWES GARDENS: Plot and Title Map

27 BOWES GARDENS sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 27 BOWES GARDENS, 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 27 BOWES GARDENS). 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 27 BOWES GARDENS?

27 BOWES GARDENS is located in SPRINGWELL, in the NE9 postcode district. The below map shows the position of No. 27 on BOWES GARDENS.