28, MELDON CLOSE, WASHINGTON, NE38 8FL - £275,000

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.

28 MELDON CLOSE is a midsized detached house of 125m², which could now be worth an estimated £334,609. It was last sold for £275,000 in March 2021, which was around 28% above the average March 2021 detached price in the Sunderland local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was A.

28 MELDON CLOSE Sold Prices

Land registry data shows three sales for 28 MELDON 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 28 MELDON CLOSE 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
2021 26 MAR	£275,000	£214,459	28% above HPI
2016 1 JUL	£265,000	£193,074	37% above HPI
2014 6 JUN	£249,995	£184,647	35% above HPI

28 MELDON 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 MELDON CLOSE sales between June 2014 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 July 2016 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the March 2021 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 28 MELDON CLOSE be worth now?

28 MELDON CLOSE might now be worth an estimated £334,609.

This is based on house price inflation of 21.7%, between March 2021 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 21.7% inflationary increase is applied to the most recent sale price for 28 MELDON CLOSE of £275,000 on 26th March 2021. For the value to have increased from £275,000 to £334,609 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 28 MELDON CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The March 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MELDON CLOSE has not materially changed since March 2021.

How Large is 28 MELDON CLOSE?

28 MELDON CLOSE is 125m² according to the EPC inspection conducted in October 2014. This puts it in the largest 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 28 MELDON CLOSE lies on this distribution: 56% of detached houses houses are smaller than 28 MELDON CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Washington.

28 MELDON CLOSE: Plot and Title Map

28 MELDON CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 28 MELDON 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 MELDON 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 MELDON CLOSE?

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