SUMMER HOUSE FARM, NORTH STREET, EAST RAINTON, HOUGHTON LE SPRING, DH5 9QF - £343,000

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.

SUMMER HOUSE FARM is a very large extended detached house of 171m², built sometime before 1900, which could now be worth an estimated £445,853. It was last sold for £343,000 in March 2020, which was around 71% above the average March 2020 detached price in the Sunderland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

SUMMER HOUSE FARM Sold Prices

Land registry data shows four sales for SUMMER HOUSE FARM 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. two of the four SUMMER HOUSE FARM sales were for above the average price, and four 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
2020 18 MAR	£343,000	£200,748	71% above HPI
2018 15 JAN	£150,000	£195,270	23% below HPI
2017 30 JUN	£310,000	£194,217	60% above HPI
2011 21 OCT	£90,000	£179,824	50% below HPI

SUMMER HOUSE FARM 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 SUMMER HOUSE FARM sales between October 2011 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 January 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2020 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might SUMMER HOUSE FARM be worth now?

SUMMER HOUSE FARM might now be worth an estimated £445,853.

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 SUMMER HOUSE FARM of £343,000 on 18th March 2020. For the value to have increased from £343,000 to £445,853 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of SUMMER HOUSE FARM has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The March 2020 sale price of £343,000 represented a fair market value for the property.
• The size, condition, and specification of SUMMER HOUSE FARM has not materially changed since March 2020.

How Large is SUMMER HOUSE FARM?

SUMMER HOUSE FARM is 171m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 20% of detached houses houses in East Rainton, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Rainton, and where SUMMER HOUSE FARM lies on this distribution: 82% of detached houses houses are smaller than SUMMER HOUSE FARM, and 18% of houses are larger. Note that EPC data is not available for all properties in East Rainton.

SUMMER HOUSE FARM: Plot and Title Map

SUMMER HOUSE FARM sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of SUMMER HOUSE FARM, 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 SUMMER HOUSE FARM). 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 SUMMER HOUSE FARM?

SUMMER HOUSE FARM is located on NORTH STREET in EAST RAINTON, in the DH5 postcode district. The below map shows the position of SUMMER HOUSE FARM on NORTH STREET.