2, CRAIGWELL DRIVE, SUNDERLAND, SR3 2TR - £243,000

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

2 CRAIGWELL DRIVE is a small detached house of 94m², built sometime between 1991 and 1995. It was last sold for £243,000 in June 2016, which was around 17% above the average June 2016 detached price in the Sunderland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

2 CRAIGWELL DRIVE Sold Prices

Land registry data shows two sales for 2 CRAIGWELL DRIVE 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 2 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
2016 29 JUN	£243,000	£207,776	17% above HPI
2001 19 OCT	£110,000	£102,469	7% above HPI

2 CRAIGWELL 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 two 2 CRAIGWELL DRIVE sales from October 2001 and June 2016 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 October 2001 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2016 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 2 CRAIGWELL DRIVE?

2 CRAIGWELL DRIVE is 94m² according to the EPC inspection conducted in May 2013. 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 2 CRAIGWELL DRIVE lies on this distribution: 29% of detached houses are smaller than 2 CRAIGWELL DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

2 CRAIGWELL DRIVE: Plot and Title Map

2 CRAIGWELL DRIVE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 2 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 2 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 2 CRAIGWELL DRIVE?

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