STABLES COTTAGE, LOW BARMSTON FARM, BARMSTON LANE, WASHINGTON, NE38 8LF - £265,000

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.

STABLES COTTAGE is a very large extended detached house of 215m², built sometime before 1900, which could now be worth an estimated £378,416. It was last sold for £265,000 in March 2016, which was around 45% above the average March 2016 detached price in the Sunderland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was C.

STABLES COTTAGE Sold Prices

Land registry data shows two sales for STABLES COTTAGE 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 STABLES COTTAGE 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
2016 31 MAR	£265,000	£183,298	45% above HPI
1997 16 MAY	£89,750	£75,668	19% above HPI

STABLES COTTAGE 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 STABLES COTTAGE sales from May 1997 and March 2016 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 May 1997 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the March 2016 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might STABLES COTTAGE be worth now?

STABLES COTTAGE might now be worth an estimated £378,416.

This is based on house price inflation of 42.8%, between March 2016 and March 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 42.8% inflationary increase is applied to the most recent sale price for STABLES COTTAGE of £265,000 on 31st March 2016. For the value to have increased from £265,000 to £378,416 over the nine years to March 2025, the following assumptions must hold true:

• The value of STABLES COTTAGE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The March 2016 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of STABLES COTTAGE has not materially changed since March 2016.

How Large is STABLES COTTAGE?

STABLES COTTAGE is 215m², which includes four extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 10% 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 STABLES COTTAGE lies on this distribution: 92% of detached houses houses are smaller than STABLES COTTAGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Washington.

STABLES COTTAGE: Plot and Title Map

STABLES COTTAGE sits on a plot of roughly 0.318 of an acre, or 1,288m². The below map shows the location of STABLES COTTAGE, 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 STABLES COTTAGE). 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 STABLES COTTAGE?

STABLES COTTAGE, LOW BARMSTON FARM is located on BARMSTON LANE in WASHINGTON, in the NE38 postcode district. The below map shows the position of STABLES COTTAGE, LOW BARMSTON FARM on BARMSTON LANE.