15, WESTRAY CLOSE, RYHOPE, SUNDERLAND, SR2 0TD - £160,000

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.

15 WESTRAY CLOSE is a midsized extended detached house of 114m², built sometime between 1976 and 1982, which could now be worth an estimated £207,609. It was last sold for £160,000 in September 2020, which was around 20% below the average September 2020 detached price in the Sunderland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

15 WESTRAY CLOSE Sold Prices

Land registry data shows two sales for 15 WESTRAY CLOSE 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 15 WESTRAY 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
2020 16 SEP	£160,000	£201,105	20% below HPI
2002 6 DEC	£113,000	£119,086	5% below HPI

15 WESTRAY 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 two 15 WESTRAY CLOSE sales from December 2002 and September 2020 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 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 15 WESTRAY CLOSE be worth now?

15 WESTRAY CLOSE might now be worth an estimated £207,609.

This is based on house price inflation of 29.8%, between September 2020 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 29.8% inflationary increase is applied to the most recent sale price for 15 WESTRAY CLOSE of £160,000 on 16th September 2020. For the value to have increased from £160,000 to £207,609 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 WESTRAY CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The September 2020 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WESTRAY CLOSE has not materially changed since September 2020.

How Large is 15 WESTRAY CLOSE?

15 WESTRAY CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the largest 50% 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 15 WESTRAY CLOSE lies on this distribution: 54% of detached houses houses are smaller than 15 WESTRAY CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

15 WESTRAY CLOSE: Plot and Title Map

15 WESTRAY CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 15 WESTRAY 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 15 WESTRAY 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 15 WESTRAY CLOSE?

15 WESTRAY CLOSE is located in RYHOPE, in the SR2 postcode district. The below map shows the position of No. 15 on WESTRAY CLOSE.