FARNSWORTH HOUSE, STATION ROAD, PENSHAW, HOUGHTON LE SPRING, DH4 7LB - £425,280

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

FARNSWORTH HOUSE is a very large extended detached house of 154m², built sometime between 1991 and 1995. It was last sold for £425,280 in January 2024, which was around 67% above the average January 2024 detached price in the Sunderland local authority area. The most recent EPC inspection was September 2023, where the current energy rating was B, and the potential energy rating was B.

FARNSWORTH HOUSE Sold Prices

Land registry data shows two sales for FARNSWORTH HOUSE 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 FARNSWORTH HOUSE 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
2024 31 JAN	£425,280	£254,173	67% above HPI
2004 1 SEP	£381,500	£186,188	105% above HPI

FARNSWORTH HOUSE 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 FARNSWORTH HOUSE sales from September 2004 and January 2024 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 2004 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the January 2024 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is FARNSWORTH HOUSE?

FARNSWORTH HOUSE is 154m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 20% of detached houses in Penshaw, based on EPC data. The below chart shows the distribution of detached houses by size in Penshaw, and where FARNSWORTH HOUSE lies on this distribution: 88% of detached houses are smaller than FARNSWORTH HOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Penshaw.

FARNSWORTH HOUSE: Plot and Title Map

FARNSWORTH HOUSE sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of FARNSWORTH HOUSE, 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 FARNSWORTH HOUSE). 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 FARNSWORTH HOUSE?

FARNSWORTH HOUSE is located on STATION ROAD in PENSHAW, in the DH4 postcode district. The below map shows the position of FARNSWORTH HOUSE on STATION ROAD.