2, FALSTONE, WASHINGTON, NE38 8SE - £197,500

2 FALSTONE is a very small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £197,500 in February 2019, which was around 6% below the average February 2019 detached price in the Sunderland local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

2 FALSTONE Sold Prices

Land registry data shows three sales for 2 FALSTONE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. Two of the three 2 FALSTONE sales were for below the average price, whilst one was 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
2019 15 FEB	£197,500	£210,682	6% below HPI
2002 2 JUL	£118,000	£111,432	6% above HPI
1999 15 OCT	£81,500	£88,328	8% below HPI

2 FALSTONE 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 three 2 FALSTONE sales between October 1999 and February 2019 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 July 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2019 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 FALSTONE?

2 FALSTONE is 88m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses in Washington, based on EPC data. The below chart shows the distribution of detached houses by size in Washington, and where 2 FALSTONE lies on this distribution: 16% of detached houses are smaller than 2 FALSTONE, and 83% of houses are larger. Note that EPC data is not available for all properties in Washington.

2 FALSTONE: Plot and Title Map

2 FALSTONE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 2 FALSTONE, 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 2 FALSTONE). 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 2 FALSTONE?

2 FALSTONE is located in WASHINGTON, in the NE38 postcode district. The below map shows the position of No. 2 on FALSTONE.