9, THE CHASE, WASHINGTON, NE38 9DX - £287,000

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.

9 THE CHASE is a very large extended detached house of 191m², built sometime between 1976 and 1982, which could now be worth an estimated £376,963. It was last sold for £287,000 in August 2018, which was around 44% above the average August 2018 detached price in the Sunderland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

9 THE CHASE Sold Prices

Land registry data shows two sales for 9 THE CHASE 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 9 THE CHASE 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
2018 20 AUG	£287,000	£198,670	44% above HPI
1996 26 APR	£86,250	£72,400	19% above HPI

9 THE CHASE 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 9 THE CHASE sales from April 1996 and August 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 April 1996 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2018 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 9 THE CHASE be worth now?

9 THE CHASE might now be worth an estimated £376,963.

This is based on house price inflation of 31.3%, between August 2018 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 31.3% inflationary increase is applied to the most recent sale price for 9 THE CHASE of £287,000 on 20th August 2018. For the value to have increased from £287,000 to £376,963 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 9 THE CHASE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The August 2018 sale price of £287,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE CHASE has not materially changed since August 2018.

How Large is 9 THE CHASE?

9 THE CHASE is 191m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of detached houses houses in Washington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Washington, and where 9 THE CHASE lies on this distribution: 88% of detached houses houses are smaller than 9 THE CHASE, and 11% of houses are larger. Note that EPC data is not available for all properties in Washington.

9 THE CHASE: Plot and Title Map

9 THE CHASE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 9 THE CHASE, 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 9 THE CHASE). 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 9 THE CHASE?

9 THE CHASE is located in WASHINGTON, in the NE38 postcode district. The below map shows the position of No. 9 on THE CHASE.