62, HILL RISE, WASHINGTON, NE38 7HL - £277,500

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

62 HILL RISE is a very small extended detached house of 85m², built sometime between 1983 and 1990. It was last sold for £277,500 in May 2022, which was around 12% above the average May 2022 detached price in the Sunderland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

62 HILL RISE Sold Prices

Land registry data shows two sales for 62 HILL RISE 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 62 HILL RISE 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
2022 3 MAY	£277,500	£248,050	12% above HPI
2004 17 SEP	£180,000	£186,188	3% below HPI

62 HILL RISE 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 62 HILL RISE sales from September 2004 and May 2022 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 September 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 62 HILL RISE?

62 HILL RISE is 85m², which includes one extension, according to the EPC inspection conducted in July 2021. 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 62 HILL RISE lies on this distribution: 13% of detached houses are smaller than 62 HILL RISE, and 87% of houses are larger. Note that EPC data is not available for all properties in Washington.

62 HILL RISE: Plot and Title Map

62 HILL RISE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 62 HILL RISE, 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 62 HILL RISE). 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 62 HILL RISE?

62 HILL RISE is located in WASHINGTON, in the NE38 postcode district. The below map shows the position of No. 62 on HILL RISE.