MELROSE, BIDDICK LANE, WASHINGTON, NE38 8AB - £480,000

MELROSE is a very large extended detached house of 189m², built sometime between 1983 and 1990. It was last sold for £480,000 in April 2019, which was around 127% above the average April 2019 detached price in the Sunderland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

MELROSE Sold Prices

Land registry data shows three sales for MELROSE 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 MELROSE 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
2019 16 APR	£480,000	£211,454	127% above HPI
2000 20 OCT	£225,000	£90,466	149% above HPI
1995 20 OCT	£152,500	£75,855	101% above HPI

MELROSE 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 MELROSE sales between October 1995 and April 2019 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 October 2000 sale was for 149% above the HPI. So the extrapolation line tracks at 149% above the HPI over time, until the April 2019 sale, where it falls to 127% above the HPI. The line then continues to track at 127% above the HPI.

How Large is MELROSE?

MELROSE is 189m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 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 MELROSE lies on this distribution: 88% of detached houses are smaller than MELROSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Washington.

MELROSE: Plot and Title Map

MELROSE sits on a plot of roughly 0.264 of an acre, or 1,068m². The below map shows the location of MELROSE, 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 MELROSE). 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 MELROSE?

MELROSE is located on BIDDICK LANE in WASHINGTON, in the NE38 postcode district. The below map shows the position of MELROSE on BIDDICK LANE.