8, OAKMERE CLOSE, SHINEY ROW, HOUGHTON LE SPRING, DH4 7NF - £122,000

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.

8 OAKMERE CLOSE is a small extended terraced house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £267,530. It was last sold for £122,000 in June 2003, which was around 113% above the average June 2003 terraced price in the Sunderland local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

8 OAKMERE CLOSE Sold Prices

Land registry data shows two sales for 8 OAKMERE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Sunderland local authority area for the corresponding sale date. Both of the two 8 OAKMERE 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
2003 13 JUN	£122,000	£57,231	113% above HPI
1997 30 SEP	£59,995	£33,530	79% above HPI

8 OAKMERE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sunderland local authority area over time, sourced from the HPI. The two 8 OAKMERE CLOSE sales from September 1997 and June 2003 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 September 1997 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the June 2003 sale, where it rises to 113% above the HPI. The line then continues to track at 113% above the HPI.

What might 8 OAKMERE CLOSE be worth now?

8 OAKMERE CLOSE might now be worth an estimated £267,530.

This is based on house price inflation of 119.3%, between June 2003 and April 2026, for terraced 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 119.3% inflationary increase is applied to the most recent sale price for 8 OAKMERE CLOSE of £122,000 on 13th June 2003. For the value to have increased from £122,000 to £267,530 over the 23 years and two months to April 2026, the following assumptions must hold true:

• The value of 8 OAKMERE CLOSE has moved in line with the HPI for terraced houses in the Sunderland local authority area.
• The June 2003 sale price of £122,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OAKMERE CLOSE has not materially changed since June 2003.

How Large is 8 OAKMERE CLOSE?

8 OAKMERE CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 40% of terraced houses houses in Penshaw, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Penshaw, and where 8 OAKMERE CLOSE lies on this distribution: 38% of terraced houses houses are smaller than 8 OAKMERE CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Penshaw.

8 OAKMERE CLOSE: Plot and Title Map

8 OAKMERE CLOSE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 8 OAKMERE 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 8 OAKMERE 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 8 OAKMERE CLOSE?

8 OAKMERE CLOSE is located in SHINEY ROW, in the DH4 postcode district. The below map shows the position of No. 8 on OAKMERE CLOSE.