4, BRADWELL WAY, PHILADELPHIA, HOUGHTON LE SPRING, DH4 4XA - £190,000

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.

4 BRADWELL WAY is a large extended detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £247,315. It was last sold for £190,000 in August 2020, which was around 5% below the average August 2020 detached price in the Sunderland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

4 BRADWELL WAY Sold Prices

Land registry data shows three sales for 4 BRADWELL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. One of the three 4 BRADWELL WAY sales was for below the average price, whilst two 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
2020 21 AUG	£190,000	£200,471	5% below HPI
2002 4 APR	£116,000	£101,323	14% above HPI
1996 6 DEC	£81,000	£74,143	9% above HPI

4 BRADWELL WAY 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 three 4 BRADWELL WAY sales between December 1996 and August 2020 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 April 2002 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 4 BRADWELL WAY be worth now?

4 BRADWELL WAY might now be worth an estimated £247,315.

This is based on house price inflation of 30.2%, between August 2020 and February 2025, for 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 30.2% inflationary increase is applied to the most recent sale price for 4 BRADWELL WAY of £190,000 on 21st August 2020. For the value to have increased from £190,000 to £247,315 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 4 BRADWELL WAY has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The August 2020 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BRADWELL WAY has not materially changed since August 2020.

How Large is 4 BRADWELL WAY?

4 BRADWELL WAY is 116m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 40% of detached houses houses in Philadelphia, based on EPC data. The below chart shows the distribution of detached houses houses by size in Philadelphia, and where 4 BRADWELL WAY lies on this distribution: 63% of detached houses houses are smaller than 4 BRADWELL WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Philadelphia.

4 BRADWELL WAY: Plot and Title Map

4 BRADWELL WAY sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 4 BRADWELL WAY, 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 4 BRADWELL WAY). 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 4 BRADWELL WAY?

4 BRADWELL WAY is located in PHILADELPHIA, in the DH4 postcode district. The below map shows the position of No. 4 on BRADWELL WAY.