WARREN LEA, SPRINGWELL ROAD, SPRINGWELL VILLAGE, GATESHEAD, NE9 7QJ - £600,000

WARREN LEA is a very large detached house of 341m², built sometime between 1976 and 1982. It was last sold for £600,000 in June 2007, which was around 177% above the average June 2007 detached price in the Sunderland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

WARREN LEA Sold Prices

Land registry data shows five sales for WARREN LEA since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. All of the five WARREN LEA 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
2007 1 JUN	£600,000	£216,351	177% above HPI
2006 17 AUG	£371,544	£209,812	77% above HPI
2003 19 SEP	£429,000	£146,625	193% above HPI
2003 2 JUL	£223,950	£145,798	54% above HPI
1996 13 SEP	£169,000	£76,703	120% above HPI

WARREN LEA 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 five WARREN LEA sales between September 1996 and June 2007 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 2006 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the June 2007 sale, where it rises to 177% above the HPI. The line then continues to track at 177% above the HPI.

How Large is WARREN LEA?

WARREN LEA is 341m² according to the EPC inspection conducted in May 2013. This puts it in the largest 10% of detached houses in Springwell, based on EPC data. The below chart shows the distribution of detached houses by size in Springwell, and where WARREN LEA lies on this distribution: 99% of detached houses are smaller than WARREN LEA, and 1% of houses are larger. Note that EPC data is not available for all properties in Springwell.

WARREN LEA: Plot and Title Map

WARREN LEA sits on a plot of roughly 0.433 of an acre, or 1,752m². The below map shows the location of WARREN LEA, 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 WARREN LEA). 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 WARREN LEA?

WARREN LEA is located on SPRINGWELL ROAD in SPRINGWELL VILLAGE, in the NE9 postcode district. The below map shows the position of WARREN LEA on SPRINGWELL ROAD.