14, MERRION CLOSE, SUNDERLAND, SR3 2QP - £150,000

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.

14 MERRION CLOSE is a large extended detached house of 121m², built sometime between 1976 and 1982, which could now be worth an estimated £210,631. It was last sold for £150,000 in March 2009, which was around 19% below the average March 2009 detached price in the Sunderland local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was C.

14 MERRION CLOSE Sold Prices

Land registry data shows three sales for 14 MERRION CLOSE 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. Two of the three 14 MERRION CLOSE sales were for below the average price, whilst one 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
2009 6 MAR	£150,000	£185,831	19% below HPI
2007 30 NOV	£180,000	£205,977	13% below HPI
2005 11 FEB	£185,000	£179,521	3% above HPI

14 MERRION CLOSE 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 14 MERRION CLOSE sales between February 2005 and March 2009 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2009 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 14 MERRION CLOSE be worth now?

14 MERRION CLOSE might now be worth an estimated £210,631.

This is based on house price inflation of 40.4%, between March 2009 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 40.4% inflationary increase is applied to the most recent sale price for 14 MERRION CLOSE of £150,000 on 6th March 2009. For the value to have increased from £150,000 to £210,631 over the sixteen years and one month to February 2025, the following assumptions must hold true:

• The value of 14 MERRION CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The March 2009 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MERRION CLOSE has not materially changed since March 2009.

How Large is 14 MERRION CLOSE?

14 MERRION CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the largest 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 14 MERRION CLOSE lies on this distribution: 63% of detached houses houses are smaller than 14 MERRION CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

14 MERRION CLOSE: Plot and Title Map

14 MERRION CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 14 MERRION CLOSE, 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 14 MERRION CLOSE). 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 14 MERRION CLOSE?

14 MERRION CLOSE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 14 on MERRION CLOSE.