16, CRAIGWELL DRIVE, SUNDERLAND, SR3 2TR - £162,500

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

16 CRAIGWELL DRIVE is a very small extended semi-detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £198,982. It was last sold for £162,500 in February 2021, which was around 31% above the average February 2021 semi-detached price in the Sunderland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

16 CRAIGWELL DRIVE Sold Prices

Land registry data shows two sales for 16 CRAIGWELL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sunderland local authority area for the corresponding sale date. Both of the two 16 CRAIGWELL DRIVE sales were for above 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
2021 8 FEB	£162,500	£123,654	31% above HPI
2005 14 JUL	£160,000	£108,044	48% above HPI

16 CRAIGWELL DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sunderland local authority area over time, sourced from the HPI. The two 16 CRAIGWELL DRIVE sales from July 2005 and February 2021 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 July 2005 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the February 2021 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 16 CRAIGWELL DRIVE be worth now?

16 CRAIGWELL DRIVE might now be worth an estimated £198,982.

This is based on house price inflation of 22.5%, between February 2021 and February 2025, for semi-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 22.5% inflationary increase is applied to the most recent sale price for 16 CRAIGWELL DRIVE of £162,500 on 8th February 2021. For the value to have increased from £162,500 to £198,982 over the four years to February 2025, the following assumptions must hold true:

• The value of 16 CRAIGWELL DRIVE has moved in line with the HPI for semi-detached houses in the Sunderland local authority area.
• The February 2021 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 16 CRAIGWELL DRIVE has not materially changed since February 2021.

How Large is 16 CRAIGWELL DRIVE?

16 CRAIGWELL DRIVE is 84m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% of semi-detached houses houses in Sunderland, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sunderland, and where 16 CRAIGWELL DRIVE lies on this distribution: 15% of semi-detached houses houses are smaller than 16 CRAIGWELL DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

16 CRAIGWELL DRIVE: Plot and Title Map

16 CRAIGWELL DRIVE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 16 CRAIGWELL 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 16 CRAIGWELL 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 16 CRAIGWELL DRIVE?

16 CRAIGWELL DRIVE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 16 on CRAIGWELL DRIVE.