47, REDSHANK CLOSE, WASHINGTON, NE38 0DP - £242,500

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

47 REDSHANK CLOSE is a very small extended detached house of 83m², built sometime between 1991 and 1995. It was last sold for £242,500 in February 2024, which was around 4% below the average February 2024 detached price in the Sunderland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

47 REDSHANK CLOSE Sold Prices

Land registry data shows two sales for 47 REDSHANK CLOSE 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 47 REDSHANK CLOSE 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
2024 23 FEB	£242,500	£251,360	4% below HPI
1997 21 NOV	£67,950	£81,585	17% below HPI

47 REDSHANK CLOSE 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 47 REDSHANK CLOSE sales from November 1997 and February 2024 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 November 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2024 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 47 REDSHANK CLOSE?

47 REDSHANK CLOSE is 83m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% of detached houses in Washington, based on EPC data. The below chart shows the distribution of detached houses by size in Washington, and where 47 REDSHANK CLOSE lies on this distribution: 10% of detached houses are smaller than 47 REDSHANK CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Washington.

47 REDSHANK CLOSE: Plot and Title Map

47 REDSHANK CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 47 REDSHANK 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 47 REDSHANK 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 47 REDSHANK CLOSE?

47 REDSHANK CLOSE is located in WASHINGTON, in the NE38 postcode district. The below map shows the position of No. 47 on REDSHANK CLOSE.