94, MARWELL DRIVE, WASHINGTON, NE37 3LR - £160,000

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

94 MARWELL DRIVE is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £160,000 in July 2019, which was around 24% below the average July 2019 detached price in the Sunderland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

94 MARWELL DRIVE Sold Prices

Land registry data shows four sales for 94 MARWELL DRIVE 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. All of the four 94 MARWELL DRIVE 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
2019 26 JUL	£160,000	£211,251	24% below HPI
2002 26 JUL	£102,000	£111,432	8% below HPI
2002 11 JAN	£79,950	£102,325	22% below HPI
1997 18 NOV	£69,950	£81,585	14% below HPI

94 MARWELL DRIVE 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 94 MARWELL DRIVE sales between November 1997 and July 2019 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 July 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 94 MARWELL DRIVE?

94 MARWELL DRIVE is 77m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses in Washington, based on EPC data. The below chart shows the distribution of detached houses by size in Washington, and where 94 MARWELL DRIVE lies on this distribution: 6% of detached houses are smaller than 94 MARWELL DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Washington.

94 MARWELL DRIVE: Plot and Title Map

94 MARWELL DRIVE sits on a plot of roughly 0.048 of an acre, or 192m². The below map shows the location of 94 MARWELL DRIVE, 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 94 MARWELL DRIVE). 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 94 MARWELL DRIVE?

94 MARWELL DRIVE is located in WASHINGTON, in the NE37 postcode district. The below map shows the position of No. 94 on MARWELL DRIVE.