28, CHIGWELL CLOSE, PENSHAW, HOUGHTON LE SPRING, DH4 7EB - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

28 CHIGWELL CLOSE is a small detached house of 98m², built sometime between 1996 and 2002, which could now be worth an estimated £280,944. It was last sold for £250,000 in September 2021, which was around 9% above the average September 2021 detached price in the Sunderland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was B.

28 CHIGWELL CLOSE Sold Prices

Land registry data shows three sales for 28 CHIGWELL 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. One of the three 28 CHIGWELL CLOSE sales was for above the average price, whilst two 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
2021 30 SEP	£250,000	£228,802	9% above HPI
2002 17 MAY	£90,000	£101,160	11% below HPI
1995 16 MAR	£61,950	£69,195	10% below HPI

28 CHIGWELL 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 28 CHIGWELL CLOSE sales between March 1995 and September 2021 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 May 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 28 CHIGWELL CLOSE be worth now?

28 CHIGWELL CLOSE might now be worth an estimated £280,944.

This is based on house price inflation of 12.4%, between September 2021 and December 2024, 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 12.4% inflationary increase is applied to the most recent sale price for 28 CHIGWELL CLOSE of £250,000 on 30th September 2021. For the value to have increased from £250,000 to £280,944 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 28 CHIGWELL CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The September 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 28 CHIGWELL CLOSE has not materially changed since September 2021.

How Large is 28 CHIGWELL CLOSE?

28 CHIGWELL CLOSE is 98m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses houses in Penshaw, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penshaw, and where 28 CHIGWELL CLOSE lies on this distribution: 35% of detached houses houses are smaller than 28 CHIGWELL CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Penshaw.

28 CHIGWELL CLOSE: Plot and Title Map

28 CHIGWELL CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 28 CHIGWELL 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 28 CHIGWELL 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 28 CHIGWELL CLOSE?

28 CHIGWELL CLOSE is located in PENSHAW, in the DH4 postcode district. The below map shows the position of No. 28 on CHIGWELL CLOSE.