8, ROMNEY CLOSE, PHILADELPHIA, HOUGHTON LE SPRING, DH4 4XH - £240,000

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

8 ROMNEY CLOSE is a small extended detached house of 96m², built sometime between 2003 and 2006. It was last sold for £240,000 in September 2023, which was around 9% below the average September 2023 detached price in the Sunderland local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

8 ROMNEY CLOSE Sold Prices

Land registry data shows four sales for 8 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. Most of the four 8 ROMNEY 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
2023 25 SEP	£240,000	£264,024	9% below HPI
2007 21 MAY	£160,000	£214,749	25% below HPI
1998 30 JUN	£84,000	£82,875	1% above HPI
1995 1 SEP	£72,500	£74,806	3% below HPI

8 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 8 ROMNEY CLOSE sales between September 1995 and September 2023 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 8 ROMNEY CLOSE?

8 ROMNEY CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses in Philadelphia, based on EPC data. The below chart shows the distribution of detached houses by size in Philadelphia, and where 8 ROMNEY CLOSE lies on this distribution: 21% of detached houses are smaller than 8 ROMNEY CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Philadelphia.

8 ROMNEY CLOSE: Plot and Title Map

8 ROMNEY CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 8 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 8 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 8 ROMNEY CLOSE?

8 ROMNEY CLOSE is located in PHILADELPHIA, in the DH4 postcode district. The below map shows the position of No. 8 on ROMNEY CLOSE.