1, HALIFAX PLACE, RYHOPE, SUNDERLAND, SR2 0RD - £115,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HALIFAX PLACE is a small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £115,000 in February 2020, which was around 46% below the average February 2020 detached price in the Sunderland local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

1 HALIFAX PLACE Sold Prices

Land registry data shows two sales for 1 HALIFAX PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. Both of the two 1 HALIFAX PLACE sales were for below 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 12 FEB	£115,000	£212,276	46% below HPI
2019 23 SEP	£135,000	£212,636	37% below HPI

1 HALIFAX PLACE 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 two 1 HALIFAX PLACE sales from September 2019 and February 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 September 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 1 HALIFAX PLACE?

1 HALIFAX PLACE is 89m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% of detached houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where 1 HALIFAX PLACE lies on this distribution: 20% of detached houses are smaller than 1 HALIFAX PLACE, and 79% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

1 HALIFAX PLACE: Plot and Title Map

1 HALIFAX PLACE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 1 HALIFAX PLACE, 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 1 HALIFAX PLACE). 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 1 HALIFAX PLACE?

1 HALIFAX PLACE is located in RYHOPE, in the SR2 postcode district. The below map shows the position of No. 1 on HALIFAX PLACE.