15, MARINE DRIVE, LEECHMERE, SUNDERLAND, SR2 0DU - £200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 MARINE DRIVE is a small extended detached house of 92m², built sometime between 1983 and 1990. It was last sold for £200,000 in September 2022, which was around 22% below the average September 2022 detached price in the Sunderland local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

15 MARINE DRIVE Sold Prices

Land registry data shows three sales for 15 MARINE DRIVE 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. All of the three 15 MARINE DRIVE 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
2022 2 SEP	£200,000	£255,769	22% below HPI
2003 5 DEC	£139,950	£153,880	9% below HPI
2002 27 SEP	£113,000	£120,355	6% below HPI

15 MARINE DRIVE 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 15 MARINE DRIVE sales between September 2002 and September 2022 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 December 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 15 MARINE DRIVE?

15 MARINE DRIVE is 92m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% of detached houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where 15 MARINE DRIVE lies on this distribution: 27% of detached houses are smaller than 15 MARINE DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

15 MARINE DRIVE: Plot and Title Map

15 MARINE DRIVE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 15 MARINE DRIVE, 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 15 MARINE DRIVE). 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 15 MARINE DRIVE?

15 MARINE DRIVE is located in LEECHMERE, in the SR2 postcode district. The below map shows the position of No. 15 on MARINE DRIVE.