14, CROSS RIGG CLOSE, PENSHAW, HOUGHTON LE SPRING, DH4 7SP - £315,000

14 CROSS RIGG CLOSE is a very large detached house of 148m², built sometime between 2003 and 2006. It was last sold for £315,000 in December 2022, which was around 23% above the average December 2022 detached price in the Sunderland local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

14 CROSS RIGG CLOSE Sold Prices

Land registry data shows four sales for 14 CROSS RIGG CLOSE 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 14 CROSS RIGG CLOSE 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
2022 2 DEC	£315,000	£256,609	23% above HPI
2020 12 NOV	£271,000	£218,743	24% above HPI
2001 10 APR	£133,000	£92,788	43% above HPI
1998 3 NOV	£120,000	£84,675	42% above HPI

14 CROSS RIGG CLOSE 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 14 CROSS RIGG CLOSE sales between November 1998 and December 2022 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 November 2020 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2022 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 14 CROSS RIGG CLOSE?

14 CROSS RIGG CLOSE is 148m² according to the EPC inspection conducted in June 2020. This puts it in the largest 20% of detached houses in Penshaw, based on EPC data. The below chart shows the distribution of detached houses by size in Penshaw, and where 14 CROSS RIGG CLOSE lies on this distribution: 85% of detached houses are smaller than 14 CROSS RIGG CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Penshaw.

14 CROSS RIGG CLOSE: Plot and Title Map

14 CROSS RIGG CLOSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 14 CROSS RIGG CLOSE, 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 14 CROSS RIGG CLOSE). 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 14 CROSS RIGG CLOSE?

14 CROSS RIGG CLOSE is located in PENSHAW, in the DH4 postcode district. The below map shows the position of No. 14 on CROSS RIGG CLOSE.