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

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 THE LEAZES is a very small detached house of 69m², built sometime between 1991 and 1995. It was last sold for £108,500 in November 2008, which was around 45% 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	£199,074	45% below HPI
2004 30 JAN	£96,000	£156,927	39% 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2008 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

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 in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where 14 THE LEAZES lies on this distribution: 4% of detached 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.