2, LANARK CLOSE, SUNDERLAND, SR4 8RL - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LANARK CLOSE is a very small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £165,000 in January 2013, which was around 11% below the average January 2013 detached price in the Sunderland local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

2 LANARK CLOSE Sold Prices

Land registry data shows three sales for 2 LANARK CLOSE 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 2 LANARK 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
2013 25 JAN	£165,000	£185,529	11% below HPI
2012 28 JUN	£134,000	£188,885	29% below HPI
2005 24 MAY	£175,000	£193,939	10% below HPI

2 LANARK 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 three 2 LANARK CLOSE sales between May 2005 and January 2013 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 June 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2013 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 LANARK CLOSE?

2 LANARK CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% 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 LANARK CLOSE lies on this distribution: 14% of detached houses are smaller than 2 LANARK CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

2 LANARK CLOSE: Plot and Title Map

2 LANARK CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 2 LANARK 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 2 LANARK 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 2 LANARK CLOSE?

2 LANARK CLOSE is located in SUNDERLAND, in the SR4 postcode district. The below map shows the position of No. 2 on LANARK CLOSE.