35, OVINGHAM CLOSE, WASHINGTON, NE38 8NP - £300,000

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.

35 OVINGHAM CLOSE is a large extended detached house of 129m², built sometime between 1991 and 1995, which could now be worth an estimated £387,157. It was last sold for £300,000 in January 2020, which was around 47% above the average January 2020 detached price in the Sunderland local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

35 OVINGHAM CLOSE Sold Prices

Land registry data shows four sales for 35 OVINGHAM 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 35 OVINGHAM 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
2020 24 JAN	£300,000	£203,747	47% above HPI
2017 2 NOV	£262,500	£198,726	32% above HPI
2017 29 JUN	£255,000	£194,217	31% above HPI
1998 16 MAR	£78,950	£75,507	5% above HPI

35 OVINGHAM 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 35 OVINGHAM CLOSE sales between March 1998 and January 2020 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 2017 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the January 2020 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 35 OVINGHAM CLOSE be worth now?

35 OVINGHAM CLOSE might now be worth an estimated £387,157.

This is based on house price inflation of 29.1%, between January 2020 and April 2026, 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 29.1% inflationary increase is applied to the most recent sale price for 35 OVINGHAM CLOSE of £300,000 on 24th January 2020. For the value to have increased from £300,000 to £387,157 over the five years and nine months to April 2026, the following assumptions must hold true:

• The value of 35 OVINGHAM CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The January 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 35 OVINGHAM CLOSE has not materially changed since January 2020.

How Large is 35 OVINGHAM CLOSE?

35 OVINGHAM CLOSE is 129m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 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 35 OVINGHAM CLOSE lies on this distribution: 61% of detached houses houses are smaller than 35 OVINGHAM CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Washington.

35 OVINGHAM CLOSE: Plot and Title Map

35 OVINGHAM CLOSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 35 OVINGHAM 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 35 OVINGHAM 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 35 OVINGHAM CLOSE?

35 OVINGHAM CLOSE is located in WASHINGTON, in the NE38 postcode district. The below map shows the position of No. 35 on OVINGHAM CLOSE.