56, MARWELL DRIVE, WASHINGTON, NE37 3LR - £165,000

56 MARWELL DRIVE is a small detached house of 93m², built sometime between 2003 and 2006. It was last sold for £165,000 in February 2021, which was around 27% below the average February 2021 detached price in the Sunderland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

56 MARWELL DRIVE Sold Prices

Land registry data shows four sales for 56 MARWELL DRIVE 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. The four 56 MARWELL DRIVE sales were a mix of below the average price, and roughly equal to 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 26 FEB	£165,000	£224,968	27% below HPI
2009 1 MAY	£170,000	£194,854	13% below HPI
2000 19 MAY	£84,000	£90,918	8% below HPI
1996 9 AUG	£76,000	£76,113	Close to HPI

56 MARWELL DRIVE 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 56 MARWELL DRIVE sales between August 1996 and February 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 May 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the February 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 56 MARWELL DRIVE?

56 MARWELL DRIVE is 93m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 30% of detached houses in Washington, based on EPC data. The below chart shows the distribution of detached houses by size in Washington, and where 56 MARWELL DRIVE lies on this distribution: 21% of detached houses are smaller than 56 MARWELL DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Washington.

56 MARWELL DRIVE: Plot and Title Map

56 MARWELL DRIVE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 56 MARWELL DRIVE, 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 56 MARWELL DRIVE). 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 56 MARWELL DRIVE?

56 MARWELL DRIVE is located in WASHINGTON, in the NE37 postcode district. The below map shows the position of No. 56 on MARWELL DRIVE.