31, STATION ROAD, PENSHAW, HOUGHTON LE SPRING, DH4 7PF - £70,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

31 STATION ROAD is a midsized extended detached house of 114m², built sometime between 1900 and 1929. It was last sold for £70,000 in April 2006, which was around 65% below the average April 2006 detached price in the Sunderland local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

31 STATION ROAD Sold Prices

Land registry data shows two sales for 31 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 31 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
2006 7 APR	£70,000	£200,271	65% below HPI
2005 7 OCT	£100,000	£204,807	51% below HPI

31 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 31 STATION ROAD sales from October 2005 and April 2006 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 October 2005 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the April 2006 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

How Large is 31 STATION ROAD?

31 STATION ROAD is 114m², which includes two extensions, according to the EPC inspection conducted in November 2011. This puts it in the largest 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 31 STATION ROAD lies on this distribution: 53% of detached houses are smaller than 31 STATION ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Penshaw.

31 STATION ROAD: Plot and Title Map

31 STATION ROAD sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 31 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 31 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 31 STATION ROAD?

31 STATION ROAD is located in PENSHAW, in the DH4 postcode district. The below map shows the position of No. 31 on STATION ROAD.