38, RIEVAULX, WASHINGTON, NE38 7JP - £199,950

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

38 RIEVAULX is a very small extended detached house of 74m², built sometime between 1976 and 1982. It was last sold for £199,950 in December 2023, which was around 22% below the average December 2023 detached price in the Sunderland local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

38 RIEVAULX Sold Prices

Land registry data shows two sales for 38 RIEVAULX 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 38 RIEVAULX 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
2023 4 DEC	£199,950	£256,695	22% below HPI
2007 2 FEB	£170,000	£211,156	19% below HPI

38 RIEVAULX 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 38 RIEVAULX sales from February 2007 and December 2023 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 February 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 38 RIEVAULX?

38 RIEVAULX is 74m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses in Washington, based on EPC data. The below chart shows the distribution of detached houses by size in Washington, and where 38 RIEVAULX lies on this distribution: 4% of detached houses are smaller than 38 RIEVAULX, and 95% of houses are larger. Note that EPC data is not available for all properties in Washington.

38 RIEVAULX: Plot and Title Map

38 RIEVAULX sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 38 RIEVAULX, 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 38 RIEVAULX). 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 38 RIEVAULX?

38 RIEVAULX is located in WASHINGTON, in the NE38 postcode district. The below map shows the position of No. 38 on RIEVAULX.