2, CHARTER DRIVE, SUNDERLAND, SR3 3PG - £142,000

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.

2 CHARTER DRIVE is a very small semi-detached house of 66m², built sometime between 1930 and 1949, which could now be worth an estimated £209,373. It was last sold for £142,000 in March 2014, which was around 38% above the average March 2014 semi-detached price in the Sunderland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

2 CHARTER DRIVE Sold Prices

Land registry data shows two sales for 2 CHARTER 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 2 CHARTER 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
2014 28 MAR	£142,000	£102,692	38% above HPI
2000 23 AUG	£55,471	£44,798	24% above HPI

2 CHARTER 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 2 CHARTER DRIVE sales from August 2000 and March 2014 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 August 2000 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2014 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 2 CHARTER DRIVE be worth now?

2 CHARTER DRIVE might now be worth an estimated £209,373.

This is based on house price inflation of 47.4%, between March 2014 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 47.4% inflationary increase is applied to the most recent sale price for 2 CHARTER DRIVE of £142,000 on 28th March 2014. For the value to have increased from £142,000 to £209,373 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 2 CHARTER DRIVE has moved in line with the HPI for semi-detached houses in the Sunderland local authority area.
• The March 2014 sale price of £142,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHARTER DRIVE has not materially changed since March 2014.

How Large is 2 CHARTER DRIVE?

2 CHARTER DRIVE is 66m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% 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 2 CHARTER DRIVE lies on this distribution: 3% of semi-detached houses houses are smaller than 2 CHARTER DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

2 CHARTER DRIVE: Plot and Title Map

2 CHARTER DRIVE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 2 CHARTER 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 2 CHARTER 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 2 CHARTER DRIVE?

2 CHARTER DRIVE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 2 on CHARTER DRIVE.