2, NAIRN CLOSE, SUNDERLAND, SR4 8RN - £210,000

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 NAIRN CLOSE is a very small extended detached house of 88m², built sometime between 2003 and 2006. It was last sold for £210,000 in May 2022, which was around 15% below the average May 2022 detached price in the Sunderland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

2 NAIRN CLOSE Sold Prices

Land registry data shows two sales for 2 NAIRN 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. One of the two 2 NAIRN CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2022 31 MAY	£210,000	£248,050	15% below HPI
2004 20 FEB	£158,000	£157,388	Close to HPI

2 NAIRN 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 2 NAIRN CLOSE sales from February 2004 and May 2022 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 February 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 NAIRN CLOSE?

2 NAIRN CLOSE is 88m², which includes two extensions, according to the EPC inspection conducted in March 2022. 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 NAIRN CLOSE lies on this distribution: 19% of detached houses are smaller than 2 NAIRN CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

2 NAIRN CLOSE: Plot and Title Map

2 NAIRN CLOSE sits on a plot of roughly 0.091 of an acre, or 366m². The below map shows the location of 2 NAIRN 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 NAIRN 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 NAIRN CLOSE?

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