2, REDSHANK CLOSE, WASHINGTON, NE38 0DP - £208,000

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.

2 REDSHANK CLOSE is a small extended detached house of 102m², built sometime between 1991 and 1995, which could now be worth an estimated £276,120. It was last sold for £208,000 in December 2017, which was around 5% above the average December 2017 detached price in the Sunderland local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

2 REDSHANK CLOSE Sold Prices

Land registry data shows two sales for 2 REDSHANK CLOSE 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 2 REDSHANK 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
2017 15 DEC	£208,000	£197,173	5% above HPI
1999 7 DEC	£95,000	£84,119	13% above HPI

2 REDSHANK 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 two 2 REDSHANK CLOSE sales from December 1999 and December 2017 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 December 1999 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2017 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 2 REDSHANK CLOSE be worth now?

2 REDSHANK CLOSE might now be worth an estimated £276,120.

This is based on house price inflation of 32.7%, between December 2017 and March 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 32.7% inflationary increase is applied to the most recent sale price for 2 REDSHANK CLOSE of £208,000 on 15th December 2017. For the value to have increased from £208,000 to £276,120 over the eight years and nine months to March 2025, the following assumptions must hold true:

• The value of 2 REDSHANK CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The December 2017 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 2 REDSHANK CLOSE has not materially changed since December 2017.

How Large is 2 REDSHANK CLOSE?

2 REDSHANK CLOSE is 102m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses houses in Washington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Washington, and where 2 REDSHANK CLOSE lies on this distribution: 31% of detached houses houses are smaller than 2 REDSHANK CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Washington.

2 REDSHANK CLOSE: Plot and Title Map

2 REDSHANK CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 2 REDSHANK 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 2 REDSHANK 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 2 REDSHANK CLOSE?

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