14, THE LEAZES, SUNDERLAND, SR1 3SW - £108,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 THE LEAZES is a very small detached house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £148,047. It was last sold for £108,500 in November 2008, which was around 42% below the average November 2008 detached price in the Sunderland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

14 THE LEAZES Sold Prices

Land registry data shows two sales for 14 THE LEAZES 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 14 THE LEAZES 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
2008 28 NOV	£108,500	£188,439	42% below HPI
2004 30 JAN	£96,000	£148,544	35% below HPI

14 THE LEAZES 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 14 THE LEAZES sales from January 2004 and November 2008 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 January 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2008 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 14 THE LEAZES be worth now?

14 THE LEAZES might now be worth an estimated £148,047.

This is based on house price inflation of 36.4%, between November 2008 and December 2024, 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 36.4% inflationary increase is applied to the most recent sale price for 14 THE LEAZES of £108,500 on 28th November 2008. For the value to have increased from £108,500 to £148,047 over the fifteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 14 THE LEAZES has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The November 2008 sale price of £108,500 represented a fair market value for the property.
• The size, condition, and specification of 14 THE LEAZES has not materially changed since November 2008.

How Large is 14 THE LEAZES?

14 THE LEAZES is 69m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% 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 THE LEAZES lies on this distribution: 4% of detached houses houses are smaller than 14 THE LEAZES, and 96% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

14 THE LEAZES: Plot and Title Map

14 THE LEAZES sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 14 THE LEAZES, 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 THE LEAZES). 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 THE LEAZES?

14 THE LEAZES is located in SUNDERLAND, in the SR1 postcode district. The below map shows the position of No. 14 on THE LEAZES.