3, VIGO LANE, HARRATON, WASHINGTON, NE38 9AH - £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.

3 VIGO LANE is a small semi-detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £296,867. It was last sold for £275,000 in September 2022, which was around 94% above the average September 2022 semi-detached price in the Sunderland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

3 VIGO LANE Sold Prices

Land registry data shows two sales for 3 VIGO LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sunderland local authority area for the corresponding sale date. Both of the two 3 VIGO LANE 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
2022 9 SEP	£275,000	£142,112	94% above HPI
2016 29 MAR	£148,000	£106,588	39% above HPI

3 VIGO LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sunderland local authority area over time, sourced from the HPI. The two 3 VIGO LANE sales from March 2016 and September 2022 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 March 2016 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2022 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

What might 3 VIGO LANE be worth now?

3 VIGO LANE might now be worth an estimated £296,867.

This is based on house price inflation of 8%, between September 2022 and March 2025, for semi-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 8% inflationary increase is applied to the most recent sale price for 3 VIGO LANE of £275,000 on 9th September 2022. For the value to have increased from £275,000 to £296,867 over the three years and six months to March 2025, the following assumptions must hold true:

• The value of 3 VIGO LANE has moved in line with the HPI for semi-detached houses in the Sunderland local authority area.
• The September 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 3 VIGO LANE has not materially changed since September 2022.

How Large is 3 VIGO LANE?

3 VIGO LANE is 94m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of semi-detached houses houses in Washington, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Washington, and where 3 VIGO LANE lies on this distribution: 23% of semi-detached houses houses are smaller than 3 VIGO LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Washington.

3 VIGO LANE: Plot and Title Map

3 VIGO LANE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 3 VIGO LANE, 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 VIGO LANE). 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 VIGO LANE?

3 VIGO LANE is located in HARRATON, in the NE38 postcode district. The below map shows the position of No. 3 on VIGO LANE.