1, MORPETH DRIVE, SUNDERLAND, SR3 2QN - £145,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MORPETH DRIVE is a very large detached house of 146m², built sometime between 1983 and 1990. It was last sold for £145,000 in August 2015, which was around 26% below the average August 2015 detached price in the Sunderland local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

1 MORPETH DRIVE Sold Prices

Land registry data shows two sales for 1 MORPETH DRIVE 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 MORPETH DRIVE 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
2015 25 AUG	£145,000	£196,311	26% below HPI
2005 16 SEP	£198,000	£205,480	4% below HPI

1 MORPETH DRIVE 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 MORPETH DRIVE sales from September 2005 and August 2015 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 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 MORPETH DRIVE?

1 MORPETH DRIVE is 146m² according to the EPC inspection conducted in July 2012. This puts it in the largest 20% 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 MORPETH DRIVE lies on this distribution: 80% of detached houses are smaller than 1 MORPETH DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

1 MORPETH DRIVE: Plot and Title Map

1 MORPETH DRIVE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 1 MORPETH DRIVE, 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 MORPETH DRIVE). 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 MORPETH DRIVE?

1 MORPETH DRIVE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 1 on MORPETH DRIVE.