1, THE SQUARE, SUNDERLAND, SR6 8JJ - £500,000

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 THE SQUARE is a very large extended detached house of 376m², built sometime from 2007 onwards. It was last sold for £500,000 in October 2020, which was around 137% above the average October 2020 detached price in the Sunderland local authority area. The most recent EPC inspection was July 2019, where the current energy rating was B, and the potential energy rating was B.

1 THE SQUARE Sold Prices

Land registry data shows two sales for 1 THE SQUARE 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 THE SQUARE 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
2020 9 OCT	£500,000	£211,285	137% above HPI
2007 7 DEC	£640,000	£218,227	193% above HPI

1 THE SQUARE 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 THE SQUARE sales from December 2007 and October 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 December 2007 sale was for 193% above the HPI. So the extrapolation line tracks at 193% above the HPI over time, until the October 2020 sale, where it falls to 137% above the HPI. The line then continues to track at 137% above the HPI.

How Large is 1 THE SQUARE?

1 THE SQUARE is 376m², which includes two extensions, according to the EPC inspection conducted in July 2019. 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 THE SQUARE lies on this distribution: More than 99% of detached houses are smaller than 1 THE SQUARE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

1 THE SQUARE: Plot and Title Map

1 THE SQUARE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 1 THE SQUARE, 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 THE SQUARE). 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 THE SQUARE?

1 THE SQUARE is located in SUNDERLAND, in the SR6 postcode district. The below map shows the position of No. 1 on THE SQUARE.