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

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.

1 HALIFAX PLACE is a very small extended detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £149,344. It was last sold for £115,000 in February 2020, which was around 43% 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	£200,936	43% below HPI
2019 23 SEP	£135,000	£201,276	33% 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2020 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 1 HALIFAX PLACE be worth now?

1 HALIFAX PLACE might now be worth an estimated £149,344.

This is based on house price inflation of 29.9%, between February 2020 and February 2025, for detached 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 29.9% inflationary increase is applied to the most recent sale price for 1 HALIFAX PLACE of £115,000 on 12th February 2020. For the value to have increased from £115,000 to £149,344 over the five years to February 2025, the following assumptions must hold true:

• The value of 1 HALIFAX PLACE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The February 2020 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HALIFAX PLACE has not materially changed since February 2020.

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 20% of detached houses houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sunderland, and where 1 HALIFAX PLACE lies on this distribution: 20% of detached houses 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.