1, PARK LEA, SUNDERLAND, SR3 3TA - £325,000

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 PARK LEA is a very large extended detached house of 186m², built sometime between 1967 and 1975. It was last sold for £325,000 in April 2021, which was around 42% above the average April 2021 detached price in the Sunderland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

1 PARK LEA Sold Prices

Land registry data shows three sales for 1 PARK LEA 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 1 PARK LEA 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
2021 28 APR	£325,000	£229,223	42% above HPI
2007 30 NOV	£222,000	£217,602	2% above HPI
1997 30 MAY	£90,000	£79,938	13% above HPI

1 PARK LEA 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 1 PARK LEA sales between May 1997 and April 2021 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 November 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2021 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 1 PARK LEA?

1 PARK LEA is 186m², which includes four extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 10% 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 PARK LEA lies on this distribution: 92% of detached houses are smaller than 1 PARK LEA, and 8% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

1 PARK LEA: Plot and Title Map

1 PARK LEA sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 1 PARK LEA, 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 PARK LEA). 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 PARK LEA?

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