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
14 MERRION CLOSE is a large extended detached house of 121m², built sometime between 1976 and 1982. It was last sold for £150,000 in March 2009, which was around 24% 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.
Land registry data shows three sales for 14 MERRION CLOSE since 1st 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 14 MERRION CLOSE 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 |
---|---|---|---|
2009 6 MAR | £150,000 | £196,319 | 24% below HPI |
2007 30 NOV | £180,000 | £217,602 | 17% below HPI |
2005 11 FEB | £185,000 | £189,653 | 2% below HPI |
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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2009 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.
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 in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where 14 MERRION CLOSE lies on this distribution: 63% of detached 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 sits on a plot of roughly 0.089 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.
14 MERRION CLOSE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 14 on MERRION CLOSE.