21, RAILWAY CLOSE, SPRINGWELL VILLAGE, GATESHEAD, NE9 7RG - £348,000

21 RAILWAY CLOSE is a midsized detached house of 122m². It was last sold for £348,000 in October 2021, which was around 41% above the average October 2021 detached price in the Sunderland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was A.

21 RAILWAY CLOSE Sold Prices

Land registry data shows two sales for 21 RAILWAY 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 21 RAILWAY 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
2021 21 OCT	£348,000	£246,768	41% above HPI
2014 25 JUL	£260,995	£191,907	36% above HPI

21 RAILWAY 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 21 RAILWAY CLOSE sales from July 2014 and October 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 July 2014 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the October 2021 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 21 RAILWAY CLOSE?

21 RAILWAY CLOSE is 122m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses in Springwell, based on EPC data. The below chart shows the distribution of detached houses by size in Springwell, and where 21 RAILWAY CLOSE lies on this distribution: 57% of detached houses are smaller than 21 RAILWAY CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Springwell.

21 RAILWAY CLOSE: Plot and Title Map

21 RAILWAY CLOSE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 21 RAILWAY 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 21 RAILWAY 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 21 RAILWAY CLOSE?

21 RAILWAY CLOSE is located in SPRINGWELL VILLAGE, in the NE9 postcode district. The below map shows the position of No. 21 on RAILWAY CLOSE.