REDESDALE, SUNDERLAND ROAD, NEWBOTTLE, HOUGHTON LE SPRING, DH4 4HH - £365,000

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.

REDESDALE is a large extended detached house of 140m², built sometime between 1930 and 1949, which could now be worth an estimated £474,450. It was last sold for £365,000 in March 2020, which was around 82% above the average March 2020 detached price in the Sunderland local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was E.

REDESDALE Sold Prices

Land registry data shows four sales for REDESDALE 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 REDESDALE 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
2020 13 MAR	£365,000	£200,748	82% above HPI
2019 21 AUG	£317,500	£196,997	61% above HPI
2007 3 SEP	£264,950	£206,080	29% above HPI
2000 16 NOV	£135,000	£86,205	57% above HPI

REDESDALE 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 REDESDALE sales between November 2000 and March 2020 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 August 2019 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the March 2020 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

What might REDESDALE be worth now?

REDESDALE might now be worth an estimated £474,450.

This is based on house price inflation of 30%, between March 2020 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 30% inflationary increase is applied to the most recent sale price for REDESDALE of £365,000 on 13th March 2020. For the value to have increased from £365,000 to £474,450 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of REDESDALE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The March 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of REDESDALE has not materially changed since March 2020.

How Large is REDESDALE?

REDESDALE is 140m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 30% of detached houses houses in Newbottle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newbottle, and where REDESDALE lies on this distribution: 76% of detached houses houses are smaller than REDESDALE, and 23% of houses are larger. Note that EPC data is not available for all properties in Newbottle.

REDESDALE: Plot and Title Map

REDESDALE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of REDESDALE, 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 REDESDALE). 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 REDESDALE?

REDESDALE is located on SUNDERLAND ROAD in NEWBOTTLE, in the DH4 postcode district. The below map shows the position of REDESDALE on SUNDERLAND ROAD.