10, MELTHAM DRIVE, SUNDERLAND, SR3 2RB - £215,000

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

10 MELTHAM DRIVE is a small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £215,000 in October 2022, which was around 17% below the average October 2022 detached price in the Sunderland local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was B.

10 MELTHAM DRIVE Sold Prices

Land registry data shows two sales for 10 MELTHAM 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 10 MELTHAM 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
2022 27 OCT	£215,000	£257,858	17% below HPI
1995 31 MAR	£50,000	£73,100	32% below HPI

10 MELTHAM 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 10 MELTHAM DRIVE sales from March 1995 and October 2022 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 March 1995 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 10 MELTHAM DRIVE?

10 MELTHAM DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where 10 MELTHAM DRIVE lies on this distribution: 36% of detached houses are smaller than 10 MELTHAM DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

10 MELTHAM DRIVE: Plot and Title Map

10 MELTHAM DRIVE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 10 MELTHAM 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 10 MELTHAM 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 10 MELTHAM DRIVE?

10 MELTHAM DRIVE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 10 on MELTHAM DRIVE.