25, MEREVALE CLOSE, WASHINGTON, NE37 3LP - £180,000

25 MEREVALE CLOSE is a very small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £180,000 in August 2018, which was around 14% below the average August 2018 detached price in the Sunderland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

25 MEREVALE CLOSE Sold Prices

Land registry data shows three sales for 25 MEREVALE CLOSE 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. All of the three 25 MEREVALE CLOSE sales were for below 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
2018 6 AUG	£180,000	£209,882	14% below HPI
2006 18 AUG	£177,000	£209,812	16% below HPI
2001 11 OCT	£84,995	£102,469	17% below HPI

25 MEREVALE 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 three 25 MEREVALE CLOSE sales between October 2001 and August 2018 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 25 MEREVALE CLOSE?

25 MEREVALE CLOSE is 85m² according to the EPC inspection conducted in April 2015. 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 25 MEREVALE CLOSE lies on this distribution: 13% of detached houses are smaller than 25 MEREVALE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Washington.

25 MEREVALE CLOSE: Plot and Title Map

25 MEREVALE CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 25 MEREVALE 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 25 MEREVALE 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 25 MEREVALE CLOSE?

25 MEREVALE CLOSE is located in WASHINGTON, in the NE37 postcode district. The below map shows the position of No. 25 on MEREVALE CLOSE.