28, CRAKE WAY, WASHINGTON, NE38 0DR - £204,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

28 CRAKE WAY is a very small extended detached house of 87m², built sometime between 1996 and 2002. It was last sold for £204,000 in March 2021, which was around 10% below the average March 2021 detached price in the Sunderland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

28 CRAKE WAY Sold Prices

Land registry data shows five sales for 28 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. Most of the five 28 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
2021 29 MAR	£204,000	£226,562	10% below HPI
2020 18 DEC	£212,500	£221,273	4% below HPI
2011 12 APR	£172,000	£198,726	13% below HPI
2003 12 DEC	£138,495	£153,880	10% below HPI
1995 31 JUL	£79,950	£73,240	9% above HPI

28 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 28 CRAKE WAY sales between July 1995 and March 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 December 2020 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 28 CRAKE WAY?

28 CRAKE WAY is 87m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% of detached houses in Washington, based on EPC data. The below chart shows the distribution of detached houses by size in Washington, and where 28 CRAKE WAY lies on this distribution: 14% of detached houses are smaller than 28 CRAKE WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Washington.

28 CRAKE WAY: Plot and Title Map

28 CRAKE WAY sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 28 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 28 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 28 CRAKE WAY?

28 CRAKE WAY is located in WASHINGTON, in the NE38 postcode district. The below map shows the position of No. 28 on CRAKE WAY.