4, MARWELL DRIVE, WASHINGTON, NE37 3LR - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 MARWELL DRIVE is a very large extended detached house of 257m², built sometime between 1996 and 2002. It was last sold for £350,000 in July 2018, which was around 68% above the average July 2018 detached price in the Sunderland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

4 MARWELL DRIVE Sold Prices

Land registry data shows two sales for 4 MARWELL DRIVE 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. One of the two 4 MARWELL DRIVE sales was for above the average price, whilst the other was 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
2018 12 JUL	£350,000	£208,342	68% above HPI
1997 24 OCT	£64,000	£82,262	22% below HPI

4 MARWELL DRIVE 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 4 MARWELL DRIVE sales from October 1997 and July 2018 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 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2018 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 4 MARWELL DRIVE?

4 MARWELL DRIVE is 257m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 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 4 MARWELL DRIVE lies on this distribution: 96% of detached houses are smaller than 4 MARWELL DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Washington.

4 MARWELL DRIVE: Plot and Title Map

4 MARWELL DRIVE sits on a plot of roughly 0.174 of an acre, or 702m². The below map shows the location of 4 MARWELL DRIVE, 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 MARWELL DRIVE). 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 MARWELL DRIVE?

4 MARWELL DRIVE is located in WASHINGTON, in the NE37 postcode district. The below map shows the position of No. 4 on MARWELL DRIVE.