TURNPIKE HOUSE, PENSHAW LANE, HOUGHTON LE SPRING, DH4 7EE - £455,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

TURNPIKE HOUSE is a very large extended detached house of 261m², built sometime between 1900 and 1929. It was last sold for £455,000 in June 2021, which was around 95% above the average June 2021 detached price in the Sunderland local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was C.

TURNPIKE HOUSE Sold Prices

Land registry data shows two sales for TURNPIKE 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 TURNPIKE 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
2021 29 JUN	£455,000	£233,230	95% above HPI
2007 12 FEB	£475,000	£211,156	125% above HPI

TURNPIKE 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 TURNPIKE HOUSE sales from February 2007 and June 2021 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 February 2007 sale was for 125% above the HPI. So the extrapolation line tracks at 125% above the HPI over time, until the June 2021 sale, where it falls to 95% above the HPI. The line then continues to track at 95% above the HPI.

How Large is TURNPIKE HOUSE?

TURNPIKE HOUSE is 261m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 10% of detached houses in Penshaw, based on EPC data. The below chart shows the distribution of detached houses by size in Penshaw, and where TURNPIKE HOUSE lies on this distribution: 99% of detached houses are smaller than TURNPIKE HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Penshaw.

TURNPIKE HOUSE: Plot and Title Map

TURNPIKE HOUSE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of TURNPIKE 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 TURNPIKE 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 TURNPIKE HOUSE?

TURNPIKE HOUSE is located on PENSHAW LANE in HOUGHTON LE SPRING, in the DH4 postcode district. The below map shows the position of TURNPIKE HOUSE on PENSHAW LANE.