8, CENTURY WAY, EAST RAINTON, HOUGHTON LE SPRING, DH5 9RY - £315,000

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.

8 CENTURY WAY is a midsized detached house of 132m², which could now be worth an estimated £375,056. It was last sold for £315,000 in May 2021, which was around 44% above the average May 2021 detached price in the Sunderland local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

8 CENTURY WAY Sold Prices

Land registry data shows two sales for 8 CENTURY WAY 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 8 CENTURY WAY 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
2021 25 MAY	£315,000	£219,161	44% above HPI
2017 30 MAR	£339,995	£189,383	80% above HPI

8 CENTURY 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 two 8 CENTURY WAY sales from March 2017 and May 2021 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 March 2017 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the May 2021 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 8 CENTURY WAY be worth now?

8 CENTURY WAY might now be worth an estimated £375,056.

This is based on house price inflation of 19.1%, between May 2021 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 19.1% inflationary increase is applied to the most recent sale price for 8 CENTURY WAY of £315,000 on 25th May 2021. For the value to have increased from £315,000 to £375,056 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 8 CENTURY WAY has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The May 2021 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CENTURY WAY has not materially changed since May 2021.

How Large is 8 CENTURY WAY?

8 CENTURY WAY is 132m² according to the EPC inspection conducted in March 2017. This puts it in the largest 40% of detached houses houses in East Rainton, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Rainton, and where 8 CENTURY WAY lies on this distribution: 57% of detached houses houses are smaller than 8 CENTURY WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in East Rainton.

8 CENTURY WAY: Plot and Title Map

8 CENTURY WAY sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 8 CENTURY 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 8 CENTURY 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 8 CENTURY WAY?

8 CENTURY WAY is located in EAST RAINTON, in the DH5 postcode district. The below map shows the position of No. 8 on CENTURY WAY.