28, STATION ROAD, PENSHAW, HOUGHTON LE SPRING, DH4 7JX - £157,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 STATION ROAD is a small extended detached house of 90m², built sometime between 1930 and 1949. It was last sold for £157,000 in February 2015, which was around 19% below the average February 2015 detached price in the Sunderland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

28 STATION ROAD Sold Prices

Land registry data shows two sales for 28 STATION ROAD 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 28 STATION ROAD 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
2015 13 FEB	£157,000	£193,160	19% below HPI
1995 21 JUL	£66,000	£73,240	10% below HPI

28 STATION ROAD 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 28 STATION ROAD sales from July 1995 and February 2015 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 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 28 STATION ROAD?

28 STATION ROAD is 90m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses in Penshaw, based on EPC data. The below chart shows the distribution of detached houses by size in Penshaw, and where 28 STATION ROAD lies on this distribution: 25% of detached houses are smaller than 28 STATION ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Penshaw.

28 STATION ROAD: Plot and Title Map

28 STATION ROAD sits on a plot of roughly 0.208 of an acre, or 844m². The below map shows the location of 28 STATION ROAD, 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 STATION ROAD). 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 STATION ROAD?

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