3, LANGHOPE, PENSHAW, HOUGHTON LE SPRING, DH4 7PN - £226,500

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

3 LANGHOPE is a midsized extended detached house of 102m², built sometime between 2003 and 2006. It was last sold for £226,500 in December 2012, which was around 22% above the average December 2012 detached price in the Sunderland local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

3 LANGHOPE Sold Prices

Land registry data shows two sales for 3 LANGHOPE 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 3 LANGHOPE 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
2012 4 DEC	£226,500	£186,352	22% above HPI
2005 12 JUL	£223,000	£194,355	15% above HPI

3 LANGHOPE 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 3 LANGHOPE sales from July 2005 and December 2012 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 2005 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2012 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 3 LANGHOPE?

3 LANGHOPE is 102m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 50% of detached houses in Penshaw, based on EPC data. The below chart shows the distribution of detached houses by size in Penshaw, and where 3 LANGHOPE lies on this distribution: 40% of detached houses are smaller than 3 LANGHOPE, and 59% of houses are larger. Note that EPC data is not available for all properties in Penshaw.

3 LANGHOPE: Plot and Title Map

3 LANGHOPE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 3 LANGHOPE, 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 3 LANGHOPE). 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 3 LANGHOPE?

3 LANGHOPE is located in PENSHAW, in the DH4 postcode district. The below map shows the position of No. 3 on LANGHOPE.