12, GARESFIELD, SUNDERLAND, SR2 0EQ - £192,000

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.

12 GARESFIELD is a small detached house of 101m², which could now be worth an estimated £258,982. It was last sold for £192,000 in April 2017, which was around 1% below the average April 2017 detached price in the Sunderland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was B, and the potential energy rating was A.

12 GARESFIELD Sold Prices

Land registry data shows two sales for 12 GARESFIELD 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. One of the two 12 GARESFIELD sales was for below the average price, whilst the other was 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
2017 7 APR	£192,000	£193,455	1% below HPI
2015 14 AUG	£194,995	£185,824	5% above HPI

12 GARESFIELD 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 12 GARESFIELD sales from August 2015 and April 2017 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 August 2015 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2017 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 12 GARESFIELD be worth now?

12 GARESFIELD might now be worth an estimated £258,982.

This is based on house price inflation of 34.9%, between April 2017 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 34.9% inflationary increase is applied to the most recent sale price for 12 GARESFIELD of £192,000 on 7th April 2017. For the value to have increased from £192,000 to £258,982 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 12 GARESFIELD has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The April 2017 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GARESFIELD has not materially changed since April 2017.

How Large is 12 GARESFIELD?

12 GARESFIELD is 101m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% 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 12 GARESFIELD lies on this distribution: 38% of detached houses houses are smaller than 12 GARESFIELD, and 61% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

12 GARESFIELD: Plot and Title Map

12 GARESFIELD sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 12 GARESFIELD, 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 12 GARESFIELD). 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 12 GARESFIELD?

12 GARESFIELD is located in SUNDERLAND, in the SR2 postcode district. The below map shows the position of No. 12 on GARESFIELD.