5, ROMNEY CLOSE, PHILADELPHIA, HOUGHTON LE SPRING, DH4 4XH - £188,000

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.

5 ROMNEY CLOSE is a very small detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £269,779. It was last sold for £188,000 in October 2014, which was around 3% above the average October 2014 detached price in the Sunderland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

5 ROMNEY CLOSE Sold Prices

Land registry data shows four sales for 5 ROMNEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. All of the four 5 ROMNEY CLOSE sales 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
2014 24 OCT	£188,000	£181,844	3% above HPI
2003 16 MAY	£152,500	£131,508	16% above HPI
2000 19 MAY	£91,000	£86,061	6% above HPI
1995 14 SEP	£72,500	£70,810	2% above HPI

5 ROMNEY 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 four 5 ROMNEY CLOSE sales between September 1995 and October 2014 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 May 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2014 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 5 ROMNEY CLOSE be worth now?

5 ROMNEY CLOSE might now be worth an estimated £269,779.

This is based on house price inflation of 43.5%, between October 2014 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 43.5% inflationary increase is applied to the most recent sale price for 5 ROMNEY CLOSE of £188,000 on 24th October 2014. For the value to have increased from £188,000 to £269,779 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 ROMNEY CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The October 2014 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ROMNEY CLOSE has not materially changed since October 2014.

How Large is 5 ROMNEY CLOSE?

5 ROMNEY CLOSE is 91m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% 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 5 ROMNEY CLOSE lies on this distribution: 18% of detached houses houses are smaller than 5 ROMNEY CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Philadelphia.

5 ROMNEY CLOSE: Plot and Title Map

5 ROMNEY CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 5 ROMNEY 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 5 ROMNEY 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 5 ROMNEY CLOSE?

5 ROMNEY CLOSE is located in PHILADELPHIA, in the DH4 postcode district. The below map shows the position of No. 5 on ROMNEY CLOSE.