2 Spring Drive, Houghton Le Spring, DH5 8BN is a leasehold semi-detached property built between 2007-2011. The property offers approximately 753 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £59,950 , which equates to approximately £80 per square foot. It was last sold on 20 Jan 2023 for £55,000. Since then, the value has increased by £4,950, representing a 9.0% increase, or approximately 3.1% per year.

The current estimated value of £59,950 is:

  • 63.1% lower than the average property price on Spring Drive
  • 60.4% lower than the average in the DH5 8BN postcode area
  • and 69.0% lower than the average price for Houghton Le Spring as a whole

At the most recent EPC inspection on 14 November 2022, the property was recorded as owner-occupied.

View sold house prices in DH5 8BN

Building approximate location

About Property

Type
Semi-Detached House
Built
2007-2011
Interior Size
753 sq ft
Tenure
Leasehold
Price (estimate)
£59,950
Price Per sq ft (estimate)
£80
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2 Spring Drive, Houghton Le Spring, Sunderland, Tyne And Wear, DH5 8BN has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 14 Nov 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Sep 2011, when the property was rated A. The current rating of B reflects a decline in energy efficiency of 18%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, plus solar to from main system, no cylinder thermostat, with its energy efficiency changing from very good to average.
  • The roof construction or insulation changed from average thermal transmittance 0.10 w/m?k to pitched, 300 mm loft insulation, with no change in energy efficiency (very good).
  • The wall construction or insulation changed from average thermal transmittance 0.24 w/m?k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The windows were upgraded from high performance glazing to fully double glazed.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to DH5 8BN

19 th / 19
Price Rank
60% lower than average
12 th / 19
Size Rank
2% bigger than average
19 th / 19
Price Per Sq FT Rank
61% lower than average

Compared to other properties in DH5 8BN , this house's estimated value ranks 19th out of 19. Based on price per square foot, it ranks 19th out of 19 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 12th out of 19 properties in its postcode area.

Sale History

Today
£59,950
streetscan.co.uk estimate
+9 %
20 Jan 2023
£55,000
Leasehold

Area Insights

Nearby Properties

3 Spring Drive, Houghton Le Spring, DH5 8BN
rooms:
size: 830 sq ft
sale price: £102,000
sale date: 6 Mar 2020
1 Spring Drive, Houghton Le Spring, DH5 8BN
rooms:
size: 830 sq ft
sale price: £55,000
sale date: 12 Dec 2019
4 Spring Drive, Houghton Le Spring, DH5 8BN
rooms:
size: 830 sq ft
sale price: £110,000
sale date: 14 Mar 2011
5 Spring Drive, Houghton Le Spring, DH5 8BN
rooms:
size: 1264 sq ft
sale price: £145,000
sale date: 17 Mar 2011
6 Spring Drive, Houghton Le Spring, DH5 8BN
rooms: 5
size: 1044 sq ft
sale price: £130,000
sale date: 21 Jan 2019

Data Sources

The property at 2 Spring Drive, Houghton Le Spring, Sunderland, Tyne And Wear, DH5 8BN appears once in the Land Registry records, with the transaction recorded on 20 Jan 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Nov 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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