8, WINGROVE TERRACE, SPRINGWELL, GATESHEAD, NE9 7RS - £108,000

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 WINGROVE TERRACE is a very small detached house of 69m², built sometime between 1900 and 1929. It was last sold for £108,000 in March 2018, which was around 47% below the average March 2018 detached price in the Sunderland local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was D.

8 WINGROVE TERRACE Sold Prices

Land registry data shows seven sales for 8 WINGROVE TERRACE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. All of the seven 8 WINGROVE TERRACE 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
2018 2 MAR	£108,000	£202,732	47% below HPI
2010 20 SEP	£99,950	£199,543	50% below HPI
2007 11 JUN	£109,950	£216,351	49% below HPI
2003 14 MAR	£72,000	£125,802	43% below HPI
2002 25 MAR	£45,500	£106,731	57% below HPI
1998 14 DEC	£38,000	£83,473	54% below HPI
1996 19 JUL	£30,000	£75,874	60% below HPI

8 WINGROVE TERRACE 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 seven 8 WINGROVE TERRACE sales between July 1996 and March 2018 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 2010 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the March 2018 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 8 WINGROVE TERRACE?

8 WINGROVE TERRACE is 69m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 20% of detached houses in Springwell, based on EPC data. The below chart shows the distribution of detached houses by size in Springwell, and where 8 WINGROVE TERRACE lies on this distribution: 16% of detached houses are smaller than 8 WINGROVE TERRACE, and 84% of houses are larger. Note that EPC data is not available for all properties in Springwell.

8 WINGROVE TERRACE: Plot and Title Map

8 WINGROVE TERRACE sits on a plot of roughly 0.018 of an acre, or 74m². The below map shows the location of 8 WINGROVE TERRACE, 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 WINGROVE TERRACE). 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 WINGROVE TERRACE?

8 WINGROVE TERRACE is located in SPRINGWELL, in the NE9 postcode district. The below map shows the position of No. 8 on WINGROVE TERRACE.