31, OVINGHAM CLOSE, WASHINGTON, NE38 8NP - £177,000

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.

31 OVINGHAM CLOSE is a small semi-detached house of 95m², built sometime between 1991 and 1995, which could now be worth an estimated £261,251. It was last sold for £177,000 in October 2012, which was around 70% above the average October 2012 semi-detached price in the Sunderland local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

31 OVINGHAM CLOSE Sold Prices

Land registry data shows two sales for 31 OVINGHAM CLOSE 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 31 OVINGHAM 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
2012 19 OCT	£177,000	£103,938	70% above HPI
2006 19 MAY	£202,500	£112,493	80% above HPI

31 OVINGHAM CLOSE 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 31 OVINGHAM CLOSE sales from May 2006 and October 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 May 2006 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the October 2012 sale, where it falls to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 31 OVINGHAM CLOSE be worth now?

31 OVINGHAM CLOSE might now be worth an estimated £261,251.

This is based on house price inflation of 47.6%, between October 2012 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 47.6% inflationary increase is applied to the most recent sale price for 31 OVINGHAM CLOSE of £177,000 on 19th October 2012. For the value to have increased from £177,000 to £261,251 over the thirteen years and seven months to March 2025, the following assumptions must hold true:

• The value of 31 OVINGHAM CLOSE has moved in line with the HPI for semi-detached houses in the Sunderland local authority area.
• The October 2012 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 31 OVINGHAM CLOSE has not materially changed since October 2012.

How Large is 31 OVINGHAM CLOSE?

31 OVINGHAM CLOSE is 95m² according to the EPC inspection conducted in March 2011. 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 31 OVINGHAM CLOSE lies on this distribution: 25% of semi-detached houses houses are smaller than 31 OVINGHAM CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Washington.

31 OVINGHAM CLOSE: Plot and Title Map

31 OVINGHAM CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 31 OVINGHAM 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 31 OVINGHAM 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 31 OVINGHAM CLOSE?

31 OVINGHAM CLOSE is located in WASHINGTON, in the NE38 postcode district. The below map shows the position of No. 31 on OVINGHAM CLOSE.